They are still serious grey zones in our knowledge

André Babeau

Revue d'Économie Financière, 2001, vol. 64, issue 4, 13-29

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

Date: 2001
Note: DOI:10.3406/ecofi.2001.4484
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