Estimates of Private Sector Wealth
Tim Callen
Additional contact information
Tim Callen: Reserve Bank of Australia
RBA Research Discussion Papers from Reserve Bank of Australia
Abstract:
This paper provides quarterly estimates of private non-human wealth at market prices in Australia over the past decade. These estimates are based on the methodology set out in Piggott (1987), although improvements have been made in several important areas. The estimates suggest that private non-human wealth stood at $1,428 billion in the June quarter 1990. The dwelling stock accounted for 52 per cent of the total, business assets for 37 per cent, with the remainder being made up of consumer durables, holdings of government bonds and holdings of currency. The paper also introduces an index of asset prices, based on the wealth estimates.
Date: 1991-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)
Downloads: (external link)
https://www.rba.gov.au/publications/rdp/1991/pdf/rdp9109.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:rba:rbardp:rdp9109
Access Statistics for this paper
More papers in RBA Research Discussion Papers from Reserve Bank of Australia Contact information at EDIRC.
Bibliographic data for series maintained by Paula Drew (drewp@rba.gov.au).