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They are still serious grey zones in our knowledge

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  • André Babeau

Abstract

[eng] Analyzing households’ saving behavior and wealth accumulation requires a great deal of information. This information needs, in addition, to be harmonized across countries. Despite recent progress achieved in Europe - with the introduction of the new European System of Accounts (shortnamed ESA 95) - many important shortfalls in the statistical coverage subsist. At a macroeconomic level, they relate to parts of the accounting framework yet undocumented : lack of information on non-financial wealth, incomplete financial wealth accounts. Some of these shortfalls go however beyond the framework of national accounts, and one could mention here transaction flows on the real-estate market, credit reimbursements, or the breakdown, within life-insurance contracts, between contracts guarantying an interest rate and unit-linked contracts. . JEL classifications : C82, E20, M41

Suggested Citation

  • André Babeau, 2001. "They are still serious grey zones in our knowledge," Revue d'Économie Financière, Programme National Persée, vol. 64(4), pages 13-29.
    • Handle: RePEc:prs:recofi:ecofi_1767-4603_2001_num_64_4_4484
    DOI: 10.3406/ecofi.2001.4484
    Note: DOI:10.3406/ecofi.2001.4484
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    JEL classification:

    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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