Page 121 - Invited Paper Session (IPS) - Volume 1

IPS102 Ilja K. K. et al.
References
1. Kavonius, I. K. and J. Honkkila (2013): “Reconciling Micro and Macro Data
on Household Wealth: A Test Based on Three Euro Area Countries”, Journal
of Economic and Social Policy, Volume 15/2013, Issue 2, Article 3, Southern
Cross University/Bepress.
2. Kavonius, I.K. and V.‐M. Törmälehto (2010): “Integrating Micro and Macro
Accounts – The Linkages between Euro Area Household Wealth Survey and
Aggregate Balance Sheets for Households”. the 31st General Conference
of the International Association for Research in Income and Wealth (IARIW)
in St. Gallen, Switzerland, August 2010.

Appendix 1: Bridging table Financial/National accounts vs. HFCS
ESA National Accounts HFCS HFCS Wave 2 Variable Conceptual
2010 Instrument Variable(s) and details Comparability
Code
Assets
F.22 Transferable DA21011 Sight accounts HIGH
deposits
F.29 Other deposits DA21012 Savings accounts HIGH
F.3 Debt securities DA2103 Bonds HIGH
F.4 Loans DA2107 Amount owed to HIGH
household
F.511 Listed shares DA2105 Publicly traded shares HIGH
F.52 Investment fund DA2102 Mutual fund shares HIGH
shares
F.512 + Unlisted shares + DA2104 + Non-self-employment MEDIUM
F.519 Other equity Part of not publicly traded
DA1200 businesses + Value of
Self-Employment
Businesses, depending
on legal form of business
and number of
employees.
F.62 Life insurance and DA2109 Voluntary pension/whole MEDIUM
annuity life insurance schemes
entitlements
N.111 + Dwellings + DA1110 + Household main MEDIUM
N.2111 Land underlying DA1120 residence +
buildings Other real estate
properties
(N.11 – (Fixed assets – Part of Value of Self- MEDIUM
N.111) dwellings) + DA1200 Employment Businesses,
+ Inventories + (Non- depending on legal form
N.12 + produced non- of business and number
(N.2 – financial assets – of employees.
N.2111) land underlying
dwellings)

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