Research Discussion Paper – RDP 18 Quarterly Estimates of Private Sector Wealth Introduction

This paper discusses some principles underlying the calculation and use of quarterly measures of Australian private sector wealth and also explains the procedures used in constructing the more important component series.

Section 2 of the paper discusses the degree of consolidation employed in dealing with the various sectors of the economy section 3 considers the basis of valuation, section 4 considers how the wealth estimates can be used in expenditure and portfolio allocation models, sections 5 to 9 describe the calculation procedures, and the final section contains our preliminary estimates of total private sector net wealth and the constituent series.