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Information item: Two Expert Groups on households’ economic resources. Working Party on National Accounts 2 December 2010 Maryse FESSEAU (OECD). Background. The « Stiglitz-Sen-Fitoussi » report – October 2009

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information item two expert groups on households economic resources

Information item: Two Expert Groups on households’ economic resources

Working Party on National Accounts

2 December 2010

Maryse FESSEAU (OECD)

background
Background
  • The « Stiglitz-Sen-Fitoussi » report – October 2009
  • Report to the G20 Finance Ministers and Central Bank governors (Recommendation 16 – 2009)
  • OECD Statistics committee (CSTAT) (June 2010)
    • Activity 7.2.b « integrated framework on income, expenditures and wealth »
    • Activity 7.2.c « Integrating inequalities in the SNA »
  • Eurostat–Insee sponsorship (July 2010)
letter from oecd chief statistician to cstat delegates november 08 2010
Letter from OECD Chief Statistician to CSTAT Delegates (November 08, 2010)
  • Proposes the establishment of two expert groups
    • EG « on micro statistics on household income, consumption and wealth »
    • EG « to measure disparities in a national accounts framework »
  • Both EGs:
    • Will contribute to OECD research on households’ economic resources, living conditions and sustainability
    • Will operate until end-2012
expert group on micro statistics
Expert Group « on micro statistics »
  • GOALS:
    • Define standards for the measurement and collection of micro-statistics on household wealth
    • Propose a framework for integrating micro data on income, consumption and wealth (conceptual framework and practical challenges)
  • OUTCOMES:
    • Reports with conceptual proposals and practical guidance to improve future household surveys
  • MEMBERS:
    • Experts of household micro data
expert group disparities in na
Expert Group « disparities in NA »
  • GOALS:
    • Use micro data to break down the household NA (income, consumption and wealth) by group
  • OUTCOMES:
    • Report describing existing macro data on household across OECD countries and comparing micro and macro aggregates
    • Report presenting a breakdown of SNA household aggregates for a number of countries in a recent year, based on a common methodology

(Short term – using current micro and macro data)

  • MEMBERS:
    • Mix of experts on household micro and macro data
    • OECD and Eurostat will support and participate in the EG
expert group disparities in na6
Expert Group « disparities in NA »
  • STEPS and TIMELINES:
    • Step 1 (January 2011 – Summer 2011):
      • Take stock of available information on household statistics (availability, methods of compilation)
      • Comparisons of micro and macro sources
      • Proposals for medium/long term improvements in the compilation of NA data through a better use of surveys data (and vice versa)
        • Questionnaire on macro data: availability, compilation, figures
        • Detailed calculations for each country by members of the EG
    • Step 2 (September 2011 – Summer 2012):
      • Breakdown of the household National Accounts data by socio-economic group
      • Proposals for computing disparities indicators consistent with NA aggregates
        • Identifying and defining the scope and coverage of indicators
        • Test the feasibility of producing the identified set of indicators
        • Agree and implement an internationally applicable methodology
        • Consider whether it would be feasible to assess disparities on a regular basis
expert group disparities in na7
Expert Group « disparities in NA »
  • A methodological and practical Expert Group to consider micro and macro data
  • Implications:
    • For country members:
      • Micro and Macro experts in the EG or at least inside NSO
      • Access to detailed micro and macro data on households to make calculations and tests
    • For OECD and Eurostat: coordination and calculation
    • Link with the Expert Group on micro statistics
  • Issue (beyond technical challenges): reach agreement across micro and macro experts on the quality and future improvements for each source
two expert groups on households
Two Expert Groups on households
  • Reminder: names and coordinates of participating experts should be provided by 17 December 2010
  • Information meeting on the EG to measure disparities in a NA framework:

3 December, 2 to 4 pm. Room MB1122

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