Transcript Information item: Two Expert Groups on households’ economic resources Working Party on National Accounts 2 December 2010 Maryse FESSEAU (OECD)

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
• 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)
• 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 »
• 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 »
• 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 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 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
• 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