Table 3
Correlations between changes in Canada–United States relative net worth per capita and relative prices and relative quantities per capita, 1973 to 2012 and
1973 to 2005
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Non-financial assets | Financial assets | Liabilities | |
---|---|---|---|
correlations | |||
1973 to 2012 | |||
Prices | 0.53 | 0.44 | -0.03 |
Quantities | 0.42 | -0.18 | 0.21 |
1973 to 2005 | |||
Prices | 0.41 | 0.42 | -0.18 |
Quantities | 0.10 | -0.10 | 0.24 |
Note: Authors' calculations. Sources: Statistics Canada, Canadian National Balance Sheet Accounts; Bureau of Economic Analysis, National Income and Product Accounts; and U.S. Federal Reserve, Flow of Funds Accounts. |
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