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1. |
MEASURING WEALTH WITH SURVEY DATA: AN EVALUATION OF THE 1983 SURVEY OF CONSUMER FINANCES |
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Review of Income and Wealth,
Volume 34,
Issue 4,
1988,
Page 339-369
Robert B. Avery,
Gregory E. Elliehausen,
Arthur B. Kennickell,
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摘要:
Because wealth estimates from survey data have usually fallen substantially short of independent aggregate estimates, survey data have not been seen as adequate for assessing questions dependent on a good representation of the entire distribution of wealth, such as estimates of wealth concentration. The 1983 Survey of Consumer Finances (SCF), which contains a supplementary sample of very high income households drawn from a tax‐file sample frame, is the first U.S. survey since the 1963 Survey of Financial Characteristics of Consumers that offers hope of accurately measuring the entire wealth distribution. In this paper, we discuss the design of the survey, the critical issue of proper weighting to merge the supplementary sample with an area probability sample, and the role of imputation. We show that the use of ordinary area probability samples alone leads to probable bias in the measurement of highly concentrated assets such as stocks and bonds. We compare the SCF data with aggregates derived from the flow‐of‐funds accounts of the Federal Reserve Board. While methodological issues cloud exact comparisons, it appears overall that the SCF estimates are at least as credible as other aggregate measurements. Finally, we use the data to assess the change in concentration of wealth from 1963 to 1983. We estimate that the concentration of wealth in terms of households did not change significantly over this p
ISSN:0034-6586
DOI:10.1111/j.1475-4991.1988.tb00575.x
出版商:Blackwell Publishing Ltd
年代:1988
数据来源: WILEY
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2. |
A PROTOTYPE MICRO‐MACRO LINK FOR THE CANADIAN HOUSEHOLD SECTOR |
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Review of Income and Wealth,
Volume 34,
Issue 4,
1988,
Page 371-392
Hans J. Adler,
Michael Wolfson,
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摘要:
This paper seeks to forge a link between Canadian macro and micro data relating to the household sector. The analysis is in three parts. The first part begins with National Accounts data on the personal sector. These data are adjusted to remove transactions relating to non‐biological persons, so that the result is income and expenditure for the household sub‐sector. The second part starts with the annual household survey used to collect income distribution data. These survey data are augmented in various ways to account for under‐reporting and to add information from other micro data sets particularly the periodic survey of household expenditure patterns and a sample of individual income tax returns. The result is a comprehensive, albeit partially synthetic, household micro data set. In the final part of the paper these two largely independent data sets are compared, and the general quality of the results is disc
ISSN:0034-6586
DOI:10.1111/j.1475-4991.1988.tb00576.x
出版商:Blackwell Publishing Ltd
年代:1988
数据来源: WILEY
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3. |
CONCEPTUAL INCONGRUITY IN THE NATIONAL ACCOUNTS |
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Review of Income and Wealth,
Volume 34,
Issue 4,
1988,
Page 393-409
Pretom S. Sunga,
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摘要:
This paper is presented as a general contribution to discussions underway with respect to the revision of the SNA. The author argues that underlying premises in the current (1968) version of the SNA tend to favour quantitative aspects of production and that the treatment of certain financial items such as interest and valuation of inventory change have been compromised in regard to their effects on production.The need for alternative approaches to these components in the subaccounts of the SNA is emphasized, the rationale involved is explained and modifications to some of the subaccounts are proposed. The alternative approaches affect the boundaries of production and it is argued that the new boundaries would provide a more realistic representation of current values of gross domestic product. It is also noted that the modified production accounts are more compatible with the balance sheet subaccounts.The author shows that production subaccounts on input‐output and productivity are based on the need for quantitative measures in analysing growth in the volume of goods and services produced and of productivity to determine efficiency of factor utilization. It is argued that the existing conceptual structure of these two subaccounts meet these needs and should be retained in their present for
ISSN:0034-6586
DOI:10.1111/j.1475-4991.1988.tb00577.x
出版商:Blackwell Publishing Ltd
年代:1988
数据来源: WILEY
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4. |
A CONCEPT OF SATELLITE ACCOUNT IN THE REVISED SNA |
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Review of Income and Wealth,
Volume 34,
Issue 4,
1988,
Page 411-439
Pierre Teillet,
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摘要:
Within the last two decades, national accountants wondered whether they were able to solve problems that in many respects were of the squaring the circle type: how could they embellish their representation of the economy without having their instrument grow heavier and less flexible? How could they elaborate synthetic frameworks in fields of collective concern that could both be specific and insure a dialogue with macroeconomics? How to keep consistent with the central framework and at the same time experiment with some freedom and flexibility. Satellite accounts are an answer to these questions. Much experience has been accumulated on satellite accounts in both national statistical offices and in international organisations. This paper provides a survey of this work. After an introduction (Part 1) devoted to stating the question, we try to propose a classification for the different types of satellite accounts (Part 2). Then we show their common characteristics (Part 3). However, this exercise would still remain abstract if we did not present samples of currently produced accounts. That is what we do in Part 4 with four examples. These examples have purposely been chosen in fields where many countries and international organizations have heavy investments, thus insuring the specific results will be obvious.
ISSN:0034-6586
DOI:10.1111/j.1475-4991.1988.tb00578.x
出版商:Blackwell Publishing Ltd
年代:1988
数据来源: WILEY
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5. |
Announcement |
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Review of Income and Wealth,
Volume 34,
Issue 4,
1988,
Page 441-444
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PDF (63KB)
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ISSN:0034-6586
DOI:10.1111/j.1475-4991.1988.tb00579.x
出版商:Blackwell Publishing Ltd
年代:1988
数据来源: WILEY
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