Abstract:  This paper examines selected assets and liabilities from the
FFA household sector and from the 1989 and 1992 SCF. SCF and FFA
comparisons have proved difficult in the past, and previous
research has not fully adjusted for definitional differences
between the FFA and the SCF. This analysis addresses common
misperceptions about the definitions of the FFA's assets and
liabilities and describes the reconciliations between the FFA
and SCF measures. The results show that for some asset and
liability categories the SCF and FFA estimates are quite close.
Measures of liabilities, however, match up better than those
Full paper (62 KB PDF)
| Full paper (114 KB Postscript)
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Last update: July 16, 1997