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- Title
Measures of Household Wealth for Australia.
- Authors
Bloxham, Paul; Betts, Thomas
- Abstract
The article focuses on the ways to measure household wealth in Australia. It reports the increase in Australia's household wealth in the past 20 years. It discusses and compares four principal measures of the country's household wealth including the Reserve Bank of Australia's (RBA's) quarterly time series measure, the Australian Bureau of Statistics' (ABS') annual time series measure, and wealth distribution measures based on the Household, Income and Labour Dynamics in Australia Survey, and the Survey of Income and Housing. It reports various fundamentals of household wealth, and presents a comparison between several data sources used in construction of tangible assets of household wealth. Also discussed is the allocation of wealth across Australian households.
- Subjects
AUSTRALIA; WEALTH; HOUSEHOLDS; INCOME; AUSTRALIAN economy, 1945-; RESERVE Bank of Australia (Company); ASSETS (Accounting); TIME series analysis; ECONOMIC indicators; HOUSING surveys
- Publication
Australian Economic Review, 2009, Vol 42, Issue 2, p217
- ISSN
0004-9018
- Publication type
Article
- DOI
10.1111/j.1467-8462.2009.00551.x