The Insights and Illusions of Consumption Measurements
Although household well-being is anchored in long-term average rates of consumption, welfare comparisons typically rely on shorter-duration survey measurements. This paper develops a new strategy to identify the distribution of these long-term rates by leveraging a large-scale randomization that elicited repeated short-duration measurements from diaries and recall questions. Identification stems from diary-recall differences in reports from the same household, does not require these reports to be error-free, and hinges on a research design with broad replicability. This strategy delivers cost-effective suggestions for designing survey modules to yield the most accurate measurements of consumption well-being, and offers new insights for interpreting and reconciling diary-recall differences in household expenditure surveys
Year of publication: |
2020
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Authors: | Battistin, Erich ; De Nadai, Michele ; Krishnan, Nandini |
Publisher: |
2020: World Bank, Washington, DC |
Saved in:
freely available
Extent: | 1 Online-Ressource |
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Series: | Policy Research Working Paper ; No. 9255 |
Type of publication: | Book / Working Paper |
Language: | English |
Notes: | English |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012568172
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