Does our nation have the patience to become prosperous? Finnish income, consumption and saving in the beginning of the 1950s

摘要

The purpose of this article is to analyse the possibilities of Finnish households saving and their consumption patterns in the beginning of the 1950s. As a tool for this analysis, the article estimates unbalanced sector accounts and private consumption for 1950s Finnish households. These accounts allow analysing the structure of the Finnish households' income and the structure of household consumption. As these accounts are estimated for the whole country and in addition for three different categories of municipalities, they allow an analysis of welfare differences between different regions. This article is not limited to the macro analysis. Based on the individual replies of the cost living studies, some households are analysed in more depth to get a broader view on their way of living. The analysis of individual household replies is also based on the sector accounts, i.e. accounts similar to those on the aggregated level are estimated for individual households.