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What’s going on within the household sector?. UNECE, 6-9 May 2014, Geneva. Content. Background Two research projects within Statistics Netherlands Household breakdown Ageing society Results Conclusion & way forward. Background. G-20 Data Gaps Initiative - PowerPoint PPT Presentation
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UNECE, 6-9 May 2014, Geneva
What’s going on within the household sector?
2
Content
– Background– Two research projects within Statistics Netherlands
‐ Household breakdown‐ Ageing society
– Results– Conclusion & way forward
3
Background
– G-20 Data Gaps Initiative – Commission on the Measurement of Economic
Performance and Social Progress (SSF-commission)– Expert Group on Disparities in a National Accounts
framework (EGDNA)– Demographic changes– United Nations National Transfer Accounts (NTA)
Resulted in two research projects within Statistics Netherlands
4
Household breakdown
Disitribution of income, consumption and wealth over household groups in 5 categories.
Linking micro data to NA transactions.
Compiling indicators, allowing the monitoring of inequalities.
First results for 2005-2009.
Household breakdownadjusted disposable income
5
2009Equivalized values
Ratio highest to lowest:
2005 2,9
2006 2,8
2007 2,82008 2,72009 2,5
Household breakdownsavings rate as % of adjusted disposable income
6
0- 34 years 35-49 years 50-64 years 65 years and older
-25%
-20%
-15%
-10%
-5%
0%
5%
10%
15%
20%
25%
2005 2006 2007 2008 2009
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Ageing society – NTA
0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95
-40,000
-20,000
-
20,000
40,000
60,000
80,000
100,000
Labor income Total consumption Lifecycle Deficitage
Economic lifecycle account (2008)
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Ageing society – transfer systems (2008)
0 6 12 18 24 30 36 42 48 54 60 66 72 78 84 90 96 -
200,000,000
400,000,000
600,000,000
800,000,000
1,000,000,000
1,200,000,000
1,400,000,000
1,600,000,000
1,800,000,000
Unfunded pension benefits Unfunded pension contributions
age
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Ageing society – demographic dividend
195019581966197419821990199820062014202220302038204620540.60
0.65
0.70
0.75
0.80
0.85
0.90
0.95
1.00
Support RatioThe Netherlands 1950-2060
21
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Conclusions & way forward
– Increasing demand for additional information in the SNA can be met by integrating micro data
– Household breakdown expected to be published at the end of the year.
– Ageing society work in progress‐ Considerable amount of conceptual challenges‐ Further disitribution of SNA‐ Many opportunities for further research
