Discussion Paper
Repurchase Agreements in the Financial Accounts of the United States
Holmquist, Elizabeth Ball; Gallin, Joshua H. (2014-06-30)
The objectives of this note are to provide an overview of how Board staff compiles repo data for the Financial Accounts, to explain recent changes to those methods and how these changes affect our understanding of the role played by repo in the financial crisis, and to describe plans for further improvements to the repo series.
FEDS Notes , Paper 2014-06-30

Working Paper
Introducing the Distributional Financial Accounts of the United States
Shatto, Molly; Moore, Kevin B.; Sweeney, Tom; Reber, Sarah; Batty, Michael M.; Volz, Alice Henriques; Bricker, Jesse; McIntosh, Susan Hume; Sommer, Kamila; Holmquist, Elizabeth Ball; Nielsen, Eric R.; Briggs, Joseph S. (2019-03-22)
This paper describes the construction of the Distributional Financial Accounts (DFAs), a new dataset containing quarterly estimates of the distribution of U.S. household wealth since 1989, and provides the first look at the resulting data. The DFAs build on two existing Federal Reserve Board statistical products --- quarterly aggregate measures of household wealth from the Financial Accounts of the United States and triennial wealth distribution measures from the Survey of Consumer Finances --- to incorporate distributional information into a national accounting framework. The DFAs complement ...
Finance and Economics Discussion Series , Paper 2019-017

Discussion Paper
International Portfolio Investment Holdings of Long-term Securities in the Enhanced Financial Accounts
Holmquist, Elizabeth Ball; Miller, Max; Yook, Youngsuk (2016-08-05)
This note and associated website provide new detail on international portfolio investment holdings of long-term securities, as part of the Enhanced Financial Accounts (EFA) initiative.
FEDS Notes , Paper 2016-08-05-1

Working Paper
The integrated macroeconomic accounts of the United States
McIntosh, Susan Hume; Wasshausen, David; Holmquist, Elizabeth Ball; Lynn, Lisa; Cagetti, Marco (2012)
The integrated macroeconomic accounts (IMAs), produced jointly by the Bureau of Economic Analysis (BEA) and the Federal Reserve Board (FRB), present a sequence of accounts that relate income, saving, investment in real and financial assets, and asset revaluations to changes in net worth. In this paper we first provide some background information on the IMAs and on their construction. Next, we discuss the usefulness of the IMAs, focusing for instance on the evolution of household net worth and its components, a set of series that has appeared frequently in discussions of the causes and effects ...
Finance and Economics Discussion Series , Paper 2012-81

Discussion Paper
From-Whom-to-Whom Relationships in the Financial Accounts of the United States A New Methodology and Some Early Results
Batty, Michael M.; Holmquist, Elizabeth Ball; Kurtzman, Robert J. (2023-03-24)
The Financial Accounts of the United States (the Accounts or FAUS) provide data on the financial assets and liabilities of major sectors of the United States economy, disaggregated by financial instrument. The Accounts can thus serve many purposes, such as sizing sectors and instruments, analyzing changes in credit flows, and assessing the net worth of households.
FEDS Notes , Paper 2023-03-24-3

Discussion Paper
Household and Nonprofit Balance Sheets in the Financial Accounts of the United States
Holmquist, Elizabeth Ball (2019-01-04)
This Note describes new supplemental tables in the Financial Accounts of the United States that provide separate balance sheets for households and nonprofit organizations.
FEDS Notes , Paper 2019-01-04

Discussion Paper
U.S. Net Wealth in the Financial Accounts of the United States
Holmquist, Elizabeth Ball; McIntosh, Susan Hume (2015-10-08)
This note describes the measurement of U.S. net wealth in the Federal Reserve's Financial Accounts of the United States.
FEDS Notes , Paper 2015-10-08-2

Discussion Paper
Funding Agreement-Backed Securities in the Financial Accounts of the United States
Holmquist, Elizabeth Ball; Perozek, Maria G. (2016-03-03)
This note describes a new method of accounting for funding agreement-backed securities (FABS) in the Financial Accounts of the United States.
FEDS Notes , Paper 2016-03-03