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Private Consumption in Sweden and Finland Before, During and After the Global Financial Crisis

Journal of Economics Library

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Title Private Consumption in Sweden and Finland Before, During and After the Global Financial Crisis
 
Creator ROOS, John Magnus; Centre for Consumer Science, School of Business, Economics and Laws, University of Gothenburg
 
Description Abstract. This study describes private consumption in Sweden and Finland before, during and after the Global Financial crisis. During eleven years, from 2004 to 2013, we investigate how the total household consumption expenditures have developed and how households have allocated their consumption budgets on various consumption categories in the two Nordic countries. The research design is of descriptive character and the data is derived from Statistics Finland and Statistics Sweden. The key findings of the study are: (1) The private consumption continued to grow in both countries, with the exception in Finlandin 2009. (2) Both the actual decrease in consumption and the reallocation of commodities indicate that Finnish households have suffered more from the Global Financial Crisis compared to Swedish ones.Keywords. Private consumption, household expenditures, financial crisis, Finland, Sweden.JEL. D12, G01, O57.
 
Publisher Journal of Economics Library
 
Contributor P
 
Date 2015-12-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JEL/article/view/432
10.1453/jel.v2i4.432
 
Source Journal of Economics Library; Vol 2, No 4 (2015): December; 321-328
2149-2379
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JEL/article/view/432/601
http://www.kspjournals.org/index.php/JEL/article/downloadSuppFile/432/164
http://www.kspjournals.org/index.php/JEL/article/downloadSuppFile/432/165
http://www.kspjournals.org/index.php/JEL/article/downloadSuppFile/432/166
 
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http://creativecommons.org/licenses/by-nc/4.0