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A Cross-country Comparison of Household Income, Consumption and Wealth Between Micro Sources and National Accounts Aggregates

A Cross-country Comparison of Household Income, Consumption and Wealth Between Micro Sources and National Accounts Aggregates
Author: Maryse Fesseau
Publisher:
Total Pages: 80
Release: 2013
Genre: Economics
ISBN:

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Much valuable information exists already on household economic resources (i.e. income, consumption and wealth). Indeed, the national accounts provide aggregate measures and micro sources (surveys, administrative records, and censuses) can be used to derive measures of the distribution across household groups. Over the years, however, macro and micro statisticians have tended to work separately leading to sometimes divergent results which can cause problem to users. In 2011, the OECD and Eurostat launched a joint Expert Group to carry out a study on the feasibility of compiling measures of the distribution of income, consumption and wealth across household groups that are consistent with national accounts definitions and totals. The first challenge of the Expert Group was to draw a detailed picture of the extent to which statistical information derived from micro sources can be aligned to three national accounts aggregates; 20 countries studied all (or part) of the components of adjusted disposable income, 21 all (or part) of the components of actual final consumption and 7 studied all (or part) of the components of household net worth. Results show that there are a number of identified reasons that can explain differences between micro and macro sources. Some of them were quantified and isolated showing finally that for most countries micro sources provide distributive information for most of the national accounts components but for some of them with quite significant gaps in total amounts. Overall, micro and macro totals are closer to each other for income components than for consumption and wealth components. The results also show that there is greater heterogeneity in results across countries for consumption components.


Understanding National Accounts Second Edition

Understanding National Accounts Second Edition
Author: Lequiller François
Publisher: OECD Publishing
Total Pages: 520
Release: 2014-10-20
Genre:
ISBN: 9264214631

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This is an update of OECD 2006 "Understanding National Accounts". It contains new data, new chapters and is adapted to the new systems of national accounts, SNA 2008 and ESA 2010.


National Accounts at a Glance 2014

National Accounts at a Glance 2014
Author: OECD
Publisher: OECD Publishing
Total Pages: 146
Release: 2014-04-11
Genre:
ISBN: 926420685X

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National Accounts at a Glance presents information using an "indicator" approach, focusing on cross-country comparisons.


Inequality and Inclusive Growth in Rich Countries

Inequality and Inclusive Growth in Rich Countries
Author: Brian Nolan
Publisher: Oxford University Press
Total Pages: 437
Release: 2018
Genre: Business & Economics
ISBN: 0198807031

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This book addresses the central challenge facing rich countries: how to promote growth and prosperity that is widely shared rather than concentrated at the top. It identifies structures and policies that are associated with limiting the rise in inequality and promoting income growth.


Generating Prosperity for Working Families in Affluent Countries

Generating Prosperity for Working Families in Affluent Countries
Author: Brian Nolan
Publisher: Oxford University Press
Total Pages: 432
Release: 2018-09-26
Genre: Business & Economics
ISBN: 0192533754

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The challenge of how to ensure that working families see their living standards improve over time is central in rich countries. Many argue that conditions are stagnating for many, driving political polarization and threatening social stability. Generating Prosperity for Working Families in Affluent Countries investigates how common such a "squeeze" on middle-income earners has actually been, and what forces underlie it in terms of globalization, technology, and government policies. Generating Prosperity for Working Families in Affluent Countries presents the findings of a comprehensive analysis of performance in improving living standards across the wealthy nations of the OECD. It relates performance to overall economic growth, exploring why these often diverge substantially, and to the different models of capitalism or economic growth embedded in each country. Going beyond income, other indicators and aspects of living standards are also incorporated including non-monetary indicators of deprivation and financial strain, wealth and its distribution, and intergenerational mobility. Through looking across this broad canvas, this book teases out how ordinary households have fared in recent decades in these critically important respects, and how that should inform the quest for inclusive growth and prosperity.


Measuring Economic Sustainability and Progress

Measuring Economic Sustainability and Progress
Author: Dale W. Jorgenson
Publisher: University of Chicago Press
Total Pages: 672
Release: 2014-10-17
Genre: Business & Economics
ISBN: 022612147X

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Since the Great Depression, researchers and statisticians have recognized the need for more extensive methods for measuring economic growth and sustainability. The recent recession renewed commitments to closing long-standing gaps in economic measurement, including those related to sustainability and well-being. The latest in the NBER’s influential Studies in Income and Wealth series, which has played a key role in the development of national account statistics in the United States and other nations, this volume explores collaborative solutions between academics, policy researchers, and official statisticians to some of today’s most important economic measurement challenges. Contributors to this volume extend past research on the integration and extension of national accounts to establish an even more comprehensive understanding of the distribution of economic growth and its impact on well-being, including health, human capital, and the environment. The research contributions assess, among other topics, specific conceptual and empirical proposals for extending national accounts.


Measuring Poverty Around the World

Measuring Poverty Around the World
Author: Anthony B. Atkinson
Publisher: Princeton University Press
Total Pages: 460
Release: 2019-06-18
Genre: BUSINESS & ECONOMICS
ISBN: 0691191220

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The final book from a towering pioneer in the study of poverty and inequality—a critically important examination of poverty around the world In this, his final book, economist Anthony Atkinson, one of the world’s great social scientists and a pioneer in the study of poverty and inequality, offers an inspiring analysis of a central question: What is poverty and how much of it is there around the globe? The persistence of poverty—in rich and poor countries alike—is one of the most serious problems facing humanity. Better measurement of poverty is essential for raising awareness, motivating action, designing good policy, gauging progress, and holding political leaders accountable for meeting targets. To help make this possible, Atkinson provides a critically important examination of how poverty is—and should be—measured. Bringing together evidence about the nature and extent of poverty across the world and including case studies of sixty countries, Atkinson addresses both financial poverty and other indicators of deprivation. He starts from first principles about the meaning of poverty, translates these into concrete measures, and analyzes the data to which the measures can be applied. Crucially, he integrates international organizations’ measurements of poverty with countries’ own national analyses. Atkinson died before he was able to complete the book, but at his request it was edited for publication by two of his colleagues, John Micklewright and Andrea Brandolini. In addition, François Bourguignon and Nicholas Stern provide afterwords that address key issues from the unfinished chapters: how poverty relates to growth, inequality, and climate change. The result is an essential contribution to efforts to alleviate poverty around the world.


In It Together: Why Less Inequality Benefits All

In It Together: Why Less Inequality Benefits All
Author: OECD
Publisher: OECD Publishing
Total Pages: 336
Release: 2015-05-21
Genre:
ISBN: 9264235124

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This book highlights the key areas where inequalities are created and where new policies are required, including the consequences of current consolidation policies, structural labour market changes with rising non-standard work and job polarisation, persisting gender gaps...


How's Life? 2015 Measuring Well-being

How's Life? 2015 Measuring Well-being
Author: OECD
Publisher: OECD Publishing
Total Pages: 267
Release: 2015-10-13
Genre:
ISBN: 9264238174

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How’s Life? describes the essential ingredients that shape people’s well-being in OECD and partner countries. It includes a wide variety of statistics, capturing both material well-being and quality of life. This third edition includes a special focus on child well-being.