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- Title
From tiny samples do mighty populations grow? Using the British Household Panel Survey to analyse the household sector balance sheet.
- Authors
Redwood, Victoria; Tudela, Merxe
- Abstract
The article reports on household sector in Great Britain. The economic situation of British households can be assessed using both aggregate and disaggregated data. One of the main sources of information for disaggregate data is the British Household Panel Survey (BHPS). At the macro level. National Accounts and Bank of England statistics are widely used to assess the sustainability of the upward trend in household debt. The general conclusion is that the match between the BHPS and the national aggregate data has remained broadly stable, but with sufficient variation to make the correlation of growth rates of disaggregated and aggregate data very weak. The ratio of the BHPS grossed-up figure to the national aggregate varies according to the variable of interest.
- Subjects
UNITED Kingdom; HOUSEHOLDS; CONSUMER credit; FINANCIAL performance; GROWTH rate; INFORMATION resources
- Publication
Bank of England Quarterly Bulletin, 2004, Vol 44, Issue 4, p463
- ISSN
0005-5166
- Publication type
Article