The Distributional Financial Accounts of the United States. Batty, M., Bricker, J., Briggs, J., Friedman, S., Nemschoff, D., Nielsen, E., Sommer, K., & Volz, A. H. . ![The Distributional Financial Accounts of the United States [link]](https://bibbase.org/img/filetypes/link.svg "link")
Paper abstract bibtex This paper describes the construction of the Distributional Financial Accounts (DFA), a dataset containing quarterly estimates of the distribution of US household wealth since 1989. The DFA builds on two existing Federal Reserve Board statistical products—quarterly aggregate measures of household wealth from the Financial Accounts of the United States, and triennial wealth distribution measures from the Survey of Consumer Finances—to incorporate distributional information into a national accounting framework. The DFA complements other sources by generating distributional statistics that are consistent with macro aggregates by providing quarterly data on a timely basis, and by constructing wealth distributions across demographic characteristics. We encourage policymakers, researchers, and other interested parties to use the DFA to better understand issues related to the distribution of US household wealth.
@unpublished{battyDistributionalFinancialAccounts2020,
title = {The {{Distributional Financial Accounts}} of the {{United States}}},
author = {Batty, Michael and Bricker, Jesse and Briggs, Joseph and Friedman, Sarah and Nemschoff, Danielle and Nielsen, Eric and Sommer, Kamila and Volz, Alice Henriques},
date = {2020},
url = {https://www.nber.org/books-and-chapters/measuring-distribution-and-mobility-income-and-wealth/distributional-financial-accounts-united-states},
abstract = {This paper describes the construction of the Distributional Financial Accounts (DFA), a dataset containing quarterly estimates of the distribution of US household wealth since 1989. The DFA builds on two existing Federal Reserve Board statistical products—quarterly aggregate measures of household wealth from the Financial Accounts of the United States, and triennial wealth distribution measures from the Survey of Consumer Finances—to incorporate distributional information into a national accounting framework. The DFA complements other sources by generating distributional statistics that are consistent with macro aggregates by providing quarterly data on a timely basis, and by constructing wealth distributions across demographic characteristics. We encourage policymakers, researchers, and other interested parties to use the DFA to better understand issues related to the distribution of US household wealth.},
pagetotal = {1–56},
file = {C\:\\Users\\lukis\\AppData\\Roaming\\Zotero\\Zotero\\Profiles\\h20ej2eu.default\\zotero\\storage\\BCTW9PKW\\Batty et al_2020_The Distributional Financial Accounts of the United States.pdf}
}
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