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IPS102 Sigita G. et al.
                  observations. If there are less than 3 donor observations for each recipient, the
                  backward selection of matching variables is reiterated reducing the number of
                  variables. The whole matching process is replicated 100 times. The last step
                  then consists of re-calibrating the EU-SILC weights in the matched data set
                  adjusting  them  to  a  number  of  consumption  margins.  This  step  is  also
                  repeated 100 times.
                      To join wealth data from HFCS to the matched income-consumption data
                  set, data are stratified according to three matching variables: Household type,
                  food consumption quintile and tenure status. Within each of these strata, the
                  two  data  sets  are  ranked  according  to  gross  income  data.  Then,  for  each
                  receiving  observation  the  closest  donor  observation  of  the  cumulative
                  distribution function is selected. Again, the process is repeated 100 times.

                  3. Results
                  3.1. Micro-Macro links for income and consumption
                      Figure 1 shows the data gaps for household disposable income (HGDI) for
                  the EU Member States and EFTA countries. In 2015, the HGDI average data
                  gap for the EU-28 between EU-SILC and National Accounts was 27%. In 2015,
                  for Austria the data gap for HGDI was 20%, corresponding to 80% coverage
                  rate for EU-SILC and national accounts data. Figure 1 shows the contribution
                  of each income component to the HGDI data gap. The largest contributors to
                  the  data  gaps  on  average  were:  operating  surplus  (9  percentage  points),
                  property income (8 pp) and self-employed income (8 pp). Operating surplus
                  is not part of HGDI definition in EU-SILC. Data suggest that the wealthiest part
                  of population is not very well covered in EU-SILC. In addition, both property
                  and self-employed income have medium/low conceptual consistency in the
                  both data sources. It should be noted that even if there was no aggregated
                  HGDI data gap, there could be data gaps for income components that offset
                  each other. Denmark and Norway provide such examples.
























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