on household income, consumption and wealth. Its aim is to extend the existing international frameworks for measuring … household income and consumption at the micro level to include wealth, and describes income, consumption and wealth as three …

-factor productivity growth, and depreciation on Korea’s real net income growth over the past 30 years. The empirical analysis is based on … assets. We find that while over the entire period, capital and labour inputs explain the bulk of Korean real income growth …, but had significant real income effects over sub-periods. Overall, real depreciation had only limited effects except …