OECD Handbook on the Compilation of Household Distributional Results on Income, Consumption and Saving in Line with National Accounts Totals.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development, author, issuing body.

Language:

English

Subjects (All):

Economics.

Physical Description:

1 online resource (206 pages)

Edition:

1st ed.

Place of Publication:

Paris : Organization for Economic Cooperation & Development, 2024.

Summary:

This publication presents guidance for the compilation of distributional results on household income, consumption and saving consistent with national accounts totals.

Contents:

Intro

Foreword

Executive summary

1 Overview

1.1. Aim of the Handbook

1.2. Background

1.3. The importance of distributional results in line with national accounts totals

1.4. Relation to other work

1.5. Overview of the Handbook

References

Notes

2 Conceptual framework

2.1. Introduction

2.2. The position of the work in the System of National Accounts

2.3. Delineation of the population

2.4. Defining Income, Consumption and Saving

2.4.1. Income

Differences with other income measures

2.4.2. Consumption

Differences with other consumption measures

2.4.3. Saving

2.5. Household group breakdowns as identified in the work

2.5.1. Standard of living (equivalized disposable income)

2.5.2. Main source of income

2.5.3. Household type

2.5.4. Other possible breakdowns

2.6. Additional socio-demographic information accompanying the results

2.6.1. Household type

2.6.2. Housing status

2.6.3. Age

2.6.4. Sex

2.6.5. Main activity

2.6.6. Highest level of education achieved

2.7. Presentation of the template

3 Overview of the methodology

3.1. Introduction

3.2. Step-by-step approach

4 Adjustment of National Accounts totals

4.1. Introduction

4.2. Adjustment for NPISHs

4.3. Adjustment for consumption of non-resident households on the territory and where relevant of residents abroad at the detailed level

4.4. Adjustment for institutional households

4.5. Overview of adjustments

5 Determining relevant micro data sources

5.1. The importance of selecting the appropriate items from micro data sources

5.2. Survey data

5.3. Administrative data

5.4. Selecting the most appropriate data sources

5.5. Overview of data sources currently used in compilation process

Notes.

6 Imputation for missing items

6.1. Introduction

6.2. Imputation in case an item is lacking from micro data sources

6.3. Imputation in case the micro data source is not (yet) available for a specific period

6.4. Imputation for missing parts of the population in the micro data

6.5. Imputations for the underground economy, and illegal and informal activities

6.6. Conclusions

7 Aligning micro data with national accounts totals

7.1. Introduction

7.2. The impact of micro-macro gaps in compiling distributional results

7.3. Items that show largest gaps

7.4. Possible reasons for micro-macro gaps

7.4.1. The quality of the national accounts totals

7.4.2. The adjustment of the national accounts totals

7.4.3. Conceptual differences and classification issues

7.4.4. Correction for missing elements

7.4.5. The quality of the micro data

7.5. Allocation of gaps to relevant households

7.6. A framework to allocate the micro-macro gaps

8 Linking or matching data across data sources

8.1. Introduction

8.2. Linking records on the basis of identifiers

8.3. Integrating data sets through statistical matching

8.4. Construct household groupings for each data source separately on the basis of a common variable

8.5. Construct household groupings for each data source separately on the basis of an imputed variable

9 Clustering households into household groups

9.1. Introduction

9.2. Clustering according to standard of living

9.3. Clustering according to main source of income

9.4. Clustering according to socio-demographic information

10 Overview of the income items

10.1. Introduction

10.2. Operating surplus from actual and imputed rentals (B2R)

10.2.1. Owner-occupied dwelling services (B2R1).

10.2.2. Leasing of dwellings (B2R2)

10.2.3. Consumption of fixed capital (memorandum item)

10.3. Mixed income (B3)

10.3.1. Own account production (B3R1)

10.3.2. Underground production (B3R2)

10.3.3. Mixed income excluding underground and own account production (B3R3)

10.3.4. Consumption of fixed capital (memorandum item)

10.4. Compensation of employees (D1R)

10.4.1. Wages and salaries (D11R)

10.4.2. Employers' actual social contributions (D121R)

10.4.3. Employers' imputed social contributions (D122R)

10.5. Net property income (D4N)

10.5.1. Interest received (D41R) and paid (D41P)

Interest (not adjusted for FISIM) received (D41R') and paid (D41P')

Adjustments for FISIM (D41R_FISIM and D41P_FISIM)

10.5.2. Distributed income of corporations received (D42R)

10.5.3. Reinvested earnings on foreign direct investment (D43R)

10.5.4. Investment income disbursements (D44R)

Investment income attributed to insurance policy holders (D441R)

Investment income payable on pension entitlements (D442R)

Investment income attributable to collective investment funds shareholders (D443R)

10.5.5. Rent received (D45R) and paid (D45P)

10.6. Current taxes on income and wealth

10.7. Net social contributions paid (D61P)

10.7.1. Employers' actual social contributions paid (D611P)

10.7.2. Employers' imputed social contributions paid (D612P)

10.7.3. Households' actual social contribution paid (D613P)

10.7.4. Households' social contribution supplements paid (D614P)

10.7.5. Social insurance scheme service charges paid

10.8. Net social contributions received (D61R)

10.8.1. Employers' actual social contributions (D611R)

10.8.2. Employers' imputed social contributions (D612R)

10.8.3. Households' actual social contributions (D613R)

10.8.4. Households' social contribution supplements (D614R).

10.9. Social benefits other than STiK received (D62R)

10.10. Social benefits other than STiK paid (D62P)

10.11. Net other current transfers (D7N)

10.11.1. Net non-life insurance claims minus premiums (D72R-D71P)

Net non-life insurance premiums

Net non-life insurance claims

10.11.2. Net miscellaneous current transfers (D75N)

10.12. Social Transfers in Kind (D63R)

10.12.1. STIK on Health (D63R1)

10.12.2. STiK on Education (D63R2)

10.12.3. Other STiK and other allocation approaches (D63R3)

11 Overview of all consumption items

11.1. Introduction

11.2. Food and non-alcoholic beverages (CP010)

11.3. Alcoholic beverages, tobacco and narcotics (CP020)

11.4. Clothing and footwear (CP030)

11.5. Housing, water, electricity, gas and other fuels (CP040)

11.5.1. Actual rentals on housing (CP041)

11.5.2. Imputed rentals on housing (CP042)

11.5.3. Maintenance and repair of dwellings (CP043)

11.5.4. Water supply and miscellaneous (CP044)

11.5.5. Electricity, gas and other fuels (CP045)

11.6. Furnishings, household equipment and routine household maintenance (CP050)

11.7. Health (CP060)

11.7.1. Medical products, appliances and equipment (CP061)

11.7.2. Out-patient services (CP062)

11.7.3. Hospital services (CP063)

11.8. Transport (CP070)

11.8.1. Purchases of vehicles (CP071)

11.8.2. Operation of personal transport equipment (CP072)

11.8.3. Transport services (CP073)

11.9. Communication (CP080)

11.10. Recreation and culture (CP090)

11.11. Education (CP100)

11.12. Restaurant and hotels (CP110)

11.13. Miscellaneous goods and services (CP120)

11.13.1. Insurance expenditures (life and non-life) (CP125)

11.13.2. FISIM (CP1261)

11.13.3. Miscellaneous (less FISIM, less insurance) (CP12x).

11.14. Adjustment for expenditures by resident households abroad (and expenditures by non-residents on the territory) (P33 and P34)

11.15. Social transfers in kind (D63P)

11.16. Change in net equity of households in pension funds (D8)

11.17. Taxes less subsidies on production and imports (memorandum item)

11.18. Consumer durables (memorandum item)

12 Consistency and plausibility checks

12.1. Introduction

12.2. Checking consistency and plausibility of distributional results

12.2.1. Checking internal consistency of distributional results

12.2.2. Analysing changes over time

12.2.3. Making cross-country comparisons

12.3. Obtaining insight into possible reasons for implausible results

12.3.1. Assessing the composition of the distributional results

12.3.2. Checking plausibility of the national accounts data

12.3.3. Checking plausibility of the micro data

12.3.4. Checking plausibility of imputations

12.3.5. Checking plausibility of aligning micro-macro gaps

12.3.6. Checking plausibility of linking or matching data across data sources

12.4. Conclusions

13 Indicators to present distributional results

13.1. Introduction

13.2. Presentation of data on "per household" or "per consumption unit" basis

13.3. Measures of disparity

13.4. Composition of household income and consumption

13.5. Indicators based on underlying micro data

14 Further work

14.1. Introduction

14.2. Broadening the range of countries

14.3. Improving the timeliness of the distributional results

14.4. Increasing the granularity of the results

14.5. Increasing the frequency of the results

14.6. Exploring distributional results on wealth

14.7. Conclusions

Annex A. Comparison between macro and micro concepts

References.

Notes:

Description based on publisher supplied metadata and other sources.

Includes bibliographical references.

ISBN:

92-64-39678-0