Exploring distributional insights: advancing income, wealth, and consumption analysis in the context of the G20 Data Gap Initiative
Conference
Proposal Description
The session will highlight the development of a macroeconomic income distribution framework and distributional wealth accounts. These approaches integrate microdata on distributions with national accounts aggregates to produce consistent and internationally comparable results. Methodological challenges, such as harmonizing micro and macro data, addressing data gaps, imputing missing sociodemographic variables, or simulating households, will be discussed and preliminary results will be presented.
To illustrate the potential of having information on all income, wealth and consumption together in one dataset, empirical findings on their joint distribution in Germany will be presented, based on data from the Panel on Household Finances (PHF) survey.
By addressing both methodological and empirical dimensions, this session contributes to the broader goals of DGI 3, fostering improved data quality and analytical frameworks to support evidence-based policymaking.