Distribution of aggregate income in Portugal from 1995 to 2000 within a SAM (Social Accounting Matrix) framework. Modeling the household sector



Figure 1A: Accounting multipliers and additional extragroup and intergroup components
from 1995 to 2000

Total Accounting Multipliers
(current account of households)

Total Accounting Multipliers
(capital account of households)

3,000

2,500

2,000

1,500

1,000

0,500

0,000




3,500 -∣

3,000 -

2,500 -

2,000 -

1,500 -

1,000 -

0,500 -

0,000 --

1995   1996   1997   1998   1999   2000


Accounting Multipliers Componentes
(current account of households)
- Aditional extragroup effects


2,500 -∣

2,000 -

1,500 -



1,000 -


0,500

0,000

1995   1996   1997   1998   1999   2000


Accounting Multipliers Componentes
(capital account of households)
- Aditional extragroup effects

3,000 -

2,500 -

2,000 -

1,500 -

1,000 -

0,500 -

0,000



1995   1996   1997   1998   1999   2000


Accounting Multipliers Componentes
(current account of households)
- Aditional intergroup effects


Accounting Multipliers Componentes
(capital account of households)
- Aditional intergroup effects


0,600 -∣

0,400 -


0,200 -

0,000 --

1995   1996   1997   1998   1999   2000


Source: Portuguese accounting multiplier
matrices (Ma) from 1995 to 2000 and
their components (additional intergroup
effects ((M2-I)*M1) and additional


—□— Agreg.Inc.Hous.   A Agreg.Inv.Hous.

X Comp.Labour    O Comp.Capital

—∙—Prod.V./Tot.Cos —■—Agreg.D/S


extragroup effects ((M3-I)*M2*M1)).

- 33 -



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