Proceedings of the IFC Conference on "Measuring the financial position of the household sector", Basel, 30-31 August 2006 - Volume 1

IFC Bulletin No 25
March 2007
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Opening speech 1
Hervé Hannoun  

Welcoming remarks

3
Jan Smets  
   
Session 1: An analytical framework for measuring the financial position of the household sector  
Chair: Steven Keuning (European Central Bank)  
Using the balance sheet approach in surveillance: framework, data sources, and data availability
Johan Mathisen and Anthony Pellechio
7
The savings of households in the national accounts
Catherine Rigo
45
Household saving and wealth accumulation in the U.S.
Charles Steindel
58
The household sector in the integrated euro area accounts
Andreas Hertkorn, Jung-Duk Lichtenberger and Pilar Velilla
71
Japan's approach to capturing the household sector
Satoru Hagino
84
   
Session 2: An overview of issues related to household finance  
Chair: Már Gudmundsson (Bank for International Settlements)  
Thailand's household sector balance sheet dynamics: evidence from microeconomic and macroeconomic data
Kiatipong Ariyapruchya
91
Measurement problems in household international remittances
Kenneth Coates
101
A survey of housing equity withdrawal and injection in Australia
Carl Schwartz, Tim Hampton, Christine Lewis and David Norman
115
Households' transactions with the rest of the world: the case of Russia
Lydia Troshina and Natalia Kupriyanova
132
Households' response to wealth changes: do gains or losses make a difference?
Robert-Paul Berben, Kerstin Bernoth and Mauro Mastrogiacomo
145
Households' financial transactions with the rest of the world, with special reference to remittances
Veenus Padamadan and Balwant Singh
161
   
Session 3A: Statistical issues in the measurement of household wealth  
Chair: Aurel Schubert (Austrian National Bank)  
Should financial accounts include future pension liabilities?
Gabriele Semeraro
179
The difficulties attached to the collection of information on households' holdings of securities: third-party reporting
Carlos Sánchez Muñoz and Jean-Marc Israël
199
Portfolio shifts in securities held by households in Austria: analysis based on security-by-security information
Michael Andreasch and Aurel Schubert
205
The final financial investment of French households
Denis Marionnet
213
Measuring household wealth in Switzerland
Jürg Bärlocher
232
   
Session 3B: Statistical issues in the measurement of household wealth  
Chair: Luigi Federico Signorini (Bank of Italy)  
The statistical recording of implicit pension liabilities and its impact on household wealth and general government obligations
Reimund Mink and Philippe Rother
241
Measuring and predicting household housing wealth
Tor O. Berge, Katrine Godding Boye, Dag Henning Jacobsen, Kjersti-Gro Lindquist and Marita Skjæveland
252
Defining households' wealth in business
Riccardo Bonci, Luigi Cannari, Grazia Marchese, Andrea Neri and Alexandros Karagrigoriou
264
Determinants of household saving and borrowing in Botswana
Mediyamere O. Radipotsane
284
Comparing wealth distribution across rich countries: the Luxembourg Wealth Study project
Eva Sierminska, Andrea Brandolini and Timothy M Smeeding
297
   
Annex: Participants in the meeting 311