Household financial fragility and asset poverty in OECD regions

We provide new estimates on household financial fragility and asset poverty for regions in 11 OECD countries over 2010-2022. To extend coverage to countries lacking regional wealth data, we test several methods to impute financial fragility at the regional level. We find that the imputations of wealth on income datasets perform well using a hot-deck method. There is however a “regression to the mean” effect, whereby extreme values in the target indicator tend to be smoothed during imputation. We conclude by outlining directions for refining these methods in future research.