Dienstag, 23. Oktober 2012

household savings is not household savings

 

http://epp.eurostat.ec.europa.eu/tgm/table.do?tab=table&init=1&plugin=1&language=en&pcode=tsdec240

is the household savings rate calculated by eurostat which is defined as:

“(ESA95 code: B8G) divided by gross disposable income (B6G), with the latter being adjusted for the change in the net equity of households in pension funds reserves (D8net)”

I have documented the differences here:http://rpubs.com/johanneskutsam/savingsrate

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