IDEAS home Printed from https://ideas.repec.org/p/fip/fedgfe/96-26.html
   My bibliography  Save this paper

A comparison of the household sector from the Flow of Funds Accounts and the Survey of Consumer Finances

Author

Listed:
  • Rochelle L. Antoniewicz

Abstract

This paper examines selected assets and liabilities from the FFA household sector and from the 1989 and 1992 SCF. SCF and FFA comparisons have proved difficult in the past, and previous research has not fully adjusted for definitional differences between the FFA and the SCF. This analysis addresses common misperceptions about the definitions of the FFA's assets and liabilities and describes the reconciliations between the FFA and SCF measures. The results show that for some asset and liability categories the SCF and FFA estimates are quite close. Measures of liabilities, however, match up better than those for assets.

Suggested Citation

  • Rochelle L. Antoniewicz, 1996. "A comparison of the household sector from the Flow of Funds Accounts and the Survey of Consumer Finances," Finance and Economics Discussion Series 96-26, Board of Governors of the Federal Reserve System (U.S.).
  • Handle: RePEc:fip:fedgfe:96-26
    as

    Download full text from publisher

    File URL: http://www.federalreserve.gov/pubs/feds/1996/199626/199626abs.html
    Download Restriction: no

    File URL: http://www.federalreserve.gov/pubs/feds/1996/199626/199626pap.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Richard T. Curtin & Thomas Juster & James N. Morgan, 1989. "Survey Estimates of Wealth: An Assessment of Quality," NBER Chapters,in: The Measurement of Saving, Investment, and Wealth, pages 473-552 National Bureau of Economic Research, Inc.
    2. Goodman, John Jr. & Ittner, John B., 1992. "The accuracy of home owners' estimates of house value," Journal of Housing Economics, Elsevier, vol. 2(4), pages 339-357, December.
    3. John McNeil & Enrique Lamas, 1989. "Year-Apart Estimates of Household Net Worth from the Survey of Income and Program Participation," NBER Chapters,in: The Measurement of Saving, Investment, and Wealth, pages 431-472 National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. John C. Weicher, 1997. "Wealth and its distribution, 1983-1992: secular growth, cyclical stability," Review, Federal Reserve Bank of St. Louis, issue Jan, pages 3-23.
    2. Peter S. Yoo, 1998. "Still charging: the growth of credit card debt between 1992 and 1995," Review, Federal Reserve Bank of St. Louis, issue Jan, pages 19-27.
    3. Kuhn, Moritz & Schularick, Moritz & Steins, Ulrike, 2017. "Income and Wealth Inequality in America, 1949-2013," CEPR Discussion Papers 12218, C.E.P.R. Discussion Papers.
    4. Peter S. Yoo, 1997. "Charging up a mountain of debt: accounting for the growth of credit card debt," Review, Federal Reserve Bank of St. Louis, issue Mar, pages 3-13.
    5. Dean M. Maki & Michael G. Palumbo, 2001. "Disentangling the wealth effect: a cohort analysis of household saving in the 1990s," Finance and Economics Discussion Series 2001-21, Board of Governors of the Federal Reserve System (U.S.).
    6. Carol C. Bertaut & Martha Starr-McCluer, 2000. "Household portfolios in the United States," Finance and Economics Discussion Series 2000-26, Board of Governors of the Federal Reserve System (U.S.).
    7. Yoo, 1996. "Charging up a mountain of debt: households and their credit cards," Working Papers 1996-015, Federal Reserve Bank of St. Louis.
    8. Arthur B. Kennickell, 2000. "An Examination of Changes in the Distribution of Wealth From 1989 to 1998: Evidence from the Survey of Consumer Finances," Macroeconomics 0004054, EconWPA.
    9. Ulrike Steins & Moritz Schularick & Moritz Kuhn, 2017. "Wealth and Income Inequality in America, 1949-2013," 2017 Meeting Papers 931, Society for Economic Dynamics.

    More about this item

    Keywords

    Consumer behavior ; Flow of funds;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedgfe:96-26. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Franz Osorio). General contact details of provider: http://edirc.repec.org/data/frbgvus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.