DISCUSSION PAPER PI-0506
Annual estimates of personal wealth holdings in the United Kingdom since 1948
David Blake and J. Michael Orszag
This paper derives estimates of seven categories of personal wealth holdings in the United Kingdomon an annual basis since 1948. The seven categories are: net financial wealth, housing wealth, consumer durable assets, basic state pension wealth, state earnings-related pension wealth, occupational pension wealth, and personal pension wealth. The objective of this exercise is to generate a data set that can be used to iinvestigate the effects over time of wealth on other aspects of personal sector behaviour in the UK, e.g., the effects of different wealth components on personal sector consumption and retirement behaviour, or to investigate the causes of the changes in the composition of personal sector wealth over time.