Table 9
Comparison of unit-level and area-level modelling of net worth by after-tax income quintile
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Survey of Financial Security (SFS) | Unit-level model | Area-level model | |||||||
---|---|---|---|---|---|---|---|---|---|
2012 (build) | 2005 (test) | 1999 (test) | 2012 (build) | 2005 (test) | 1999 (test) | 2012 (build) | 2005 (test) | 1999 (test) | |
percent | |||||||||
After-tax income quintile | |||||||||
Quintile 1 | 5.1 | 6.2 | 6.9 | 5.1 | 3.9 | 1.6 | 5.0 | 5.6 | 5.8 |
Quintile 2 | 10.6 | 11.2 | 11.5 | 9.6 | 9.0 | 7.6 | 11.5 | 13.0 | 13.8 |
Quintile 3 | 16.0 | 18.5 | 16.7 | 14.7 | 14.6 | 14.1 | 16.2 | 17.5 | 18.2 |
Quintile 4 | 23.1 | 21.4 | 22.5 | 21.6 | 21.8 | 22.4 | 21.2 | 21.3 | 21.6 |
Quintile 5 | 45.2 | 42.8 | 42.4 | 49.0 | 50.8 | 54.3 | 46.0 | 42.7 | 40.7 |
Sum of absolute difference between SFS and model | Note ...: not applicable | Note ...: not applicable | Note ...: not applicable | 7.6 | 16.8 | 23.7 | 3.8 | 3.6 | 7.5 |
... not applicable Source: Statistics Canada, Annual Household Distribution Tables, 2017. |
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