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Persistent link: https://www.econbiz.de/10014393235
Distributional accounts for households enable measurement, study developments and identify drivers of inequality. Distributional information on households' wealth is available from the Household Finance and Consumption Survey only for three points in time (2009 - 2018), while aggregates are...
Persistent link: https://www.econbiz.de/10013285967
In Denmark, there is a long-standing tradition for estimating the stock of national wealth. However, the most recent estimate is from 1985 and the longest time series available covers only the period 1950-1978. In this paper, we review the earlier estimates and present new annual time series...
Persistent link: https://www.econbiz.de/10010462534
Macroeconomic aggregates on households' wealth have a long tradition and are widely used to analyse and compare economies, yet they do not provide any information about the distribution of assets and liabilities within the population. The Household Finance and Consumption Survey (HFCS)...
Persistent link: https://www.econbiz.de/10011864184
The financial accounts of the household sector within the system of national accounts report the aggregate asset holdings and liabilities of all households within a country. In principle, when household wealth surveys are explicitly designed to be representative of all households, aggregating...
Persistent link: https://www.econbiz.de/10011921042
This paper estimates the distribution of personal wealth in South Africa by combining tax microdata, household surveys, and macroeconomic balance sheet statistics. We systematically compare estimates of the wealth distribution obtained by direct measurement of net worth, rescaling of reported...
Persistent link: https://www.econbiz.de/10012198851
Persistent link: https://www.econbiz.de/10012216246
This paper examines measurement error in the share of income going to the top 1% (and other subgroups) that comes from estimation of the denominator. We compare two approaches. First, the default ‘external’ approach used in the current literature, which relies on different data sources for...
Persistent link: https://www.econbiz.de/10012803086
Persistent link: https://www.econbiz.de/10013439183
How much wealth has accumulated in the region and how is it distributed across households? Despite being widely recognized for its extreme income inequality, reliable data on wealth is scarce, partial and oftentimes contradictory, making it difficult to an swer these ba sic qu estions. In this...
Persistent link: https://www.econbiz.de/10014536253