Household Income Aggregates in Micro and Macro Statistics

Statistical Journal of the United Nations Economic Commission for Europe, Vol. 20, No. 1, pp. 9-25, 2003

Posted: 17 May 2007

See all articles by Ilja Kristian Kavonius

Ilja Kristian Kavonius

European Central Bank; Centre for Consumer Society Research, University of Helsinki

Veli-Matti Törmälehto

Government of the Republic of Finland - Statistics Finland

Abstract

This article compares the data on wages and salaries, entrepreneurial income and property income obtained from Statistics Finland Income Distribution Survey 2000 with those on primary income from National Accounts. The international community of statisticians has in the past years been interested in this kind of analysis for twofold reasons. Firstly disaggregation or the linkage between micro and macro is an example of quality assessment by confronting alternate data sources. Secondly this kind of linkage increases policy relevance of National Accounts information.

Discrepancies due to differences in population coverage and definitions between the two statistics have been analysed in the article. Most of the discrepancies can be explained by these differences and only a quite marginal amount of the discrepancies are caused by measurement and sampling errors.

Keywords: national accounts, income distribution, primary income, housholds, household sector

JEL Classification: E21, E22

Suggested Citation

Kavonius, Ilja Kristian and Törmälehto, Veli-Matti, Household Income Aggregates in Micro and Macro Statistics. Statistical Journal of the United Nations Economic Commission for Europe, Vol. 20, No. 1, pp. 9-25, 2003 . Available at SSRN: https://ssrn.com/abstract=987034

Ilja Kristian Kavonius (Contact Author)

European Central Bank ( email )

Sonnemannstrasse 22
Frankfurt am Main, 60314
Germany
+49-13448417 (Phone)

HOME PAGE: http://www.ecb.europa.eu/pub/research/authors/profiles/ilja-kristian-kavonius.en.html

Centre for Consumer Society Research, University of Helsinki ( email )

Finland

HOME PAGE: http://tuhat.helsinki.fi/portal/en/person/ikavoniu

Veli-Matti Törmälehto

Government of the Republic of Finland - Statistics Finland ( email )

Finland

Register to save articles to
your library

Register

Paper statistics

Abstract Views
496
PlumX Metrics