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Excerpt from Family Economics Review, 1983, Vol. 3 Another major change in the household portfolio has been the decline in importance of corporate equities. Between 1962 and 1981 corporate equities dropped 10 percentage points from about 21 percent to about 11 percent of the household portfolio. This drop is primarily the result of declining value of corporate equities over the 20-year period rather than declining savings addi tions to these assets or diminishing numbers of investors. As would be expected in a price sensitive environment such as the stock market, annual investments in corpo rate equities ranged from net withdrawals to percent of the total savings dollar. The proportion of households owning corporate equities has increased from 16 percent in 1962 to 20 percent in 1972 - 73 and 1979 (1. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.