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The Spanish Survey of Household Finances (EFF): description and methods of the 2005 wave

Author

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  • Olympia Bover

    (Banco de España)

Abstract

This paper describes the methods of the second wave of the Spanish Survey of Household Finances (EFF2005), paying special attention to the innovations relative to the first wave. The EFF2005 was designed to give continuity to the information on household finances collected through the EFF2002. The EFF is the only statistical source in Spain that allows the linking of incomes, assets, debts, and consumption at the household level. A desirable characteristic present in both waves is the oversampling of wealthy households. This is achieved on the basis of the wealth tax through a blind system of collaboration between the National Statistics Institute and the Tax Office which preserves stringent tax confidentiality. An additional important characteristic of the EFF is that the second wave has a full panel component. Further, a refreshment sample by wealth stratum has been incorporated to preserve cross-sectional representativity and overall sample size.

Suggested Citation

  • Olympia Bover, 2008. "The Spanish Survey of Household Finances (EFF): description and methods of the 2005 wave," Occasional Papers 0803, Banco de España.
    • Handle: RePEc:bde:opaper:0803
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    File URL: http://www.bde.es/f/webbde/SES/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosOcasionales/08/Fic/do0803e.pdf
    File Function: First version, May 2008
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    More about this item

    Keywords

    wealth survey; oversampling of the rich; panel; refreshment sample; imputation;
    All these keywords.

    JEL classification:

    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

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