Concordance for household disposable income
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The first step in building a distributional dimension for income in the household sector is to identify the relevant SPSD/M variables and concord them to the Canadian macroeconomic classifications. There are a number of reasons why estimates from the SPSD/M may not match closely with the macroeconomic estimates. For example, the SPSD/M estimates exclude information on various macroeconomic income concepts that are not captured in household surveys, such as employers’ social contributions, imputed rent, etc. There are also classification differences for income categories such as self-employment income, as well as survey limitations such as non-response, sampling error, underreporting and differences in time reporting.
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