Showing 1 - 10 of 543
Income is simultaneously one of the most important variables used by economists and the variable most likely to be missing due to item non-response. While observations that are missing income responses are often dropped from analyses, such treatment is usually inappropriate. More appropriate...
Persistent link: https://www.econbiz.de/10013388775
Access to timely information on consumer spending is important to economic policymakers. The Census Bureau's monthly retail trade survey is a primary source for monitoring consumer spending nationally, but it is not well suited to study localized or short-lived economic shocks. Moreover, lags in...
Persistent link: https://www.econbiz.de/10012480197
Aggregate under-reporting of household spending in the Consumer Expenditure Survey (CE) can result from two fundamental types of measurement errors: higher-income households (who presumably spend more than average) are under-represented in the CE estimation sample, or there is systematic...
Persistent link: https://www.econbiz.de/10012459072
Beginning in May 2009 we fielded a monthly Internet survey designed to measure total household spending as the aggregate of about 40 spending components. This paper reports on a number of outcomes from 30 waves of data collection. These outcomes include sample attrition, indicators of data...
Persistent link: https://www.econbiz.de/10012460685
Using data from the 1994 through 1998 Consumer Expenditure Surveys, we compare household spending on 16 different goods (food at home, food away from home, housing, transportation, alcohol and tobacco, interest, furniture and appliances, home maintenance, clothing, utilities, medical care,...
Persistent link: https://www.econbiz.de/10012468872
This paper examines the quality of data collected in the Consumer Expenditure (CE) Survey, which is the source for the Consumer Price Index weights and is the main source of U.S. consumption microdata. We compare reported spending on a large number of categories of goods and services to...
Persistent link: https://www.econbiz.de/10012460353
We provide new evidence on the causal effect of unearned income on consumption, balance sheets, and financial outcomes by exploiting an experiment that randomly assigned 1000 individuals to receive $1000 per month and 2000 individuals to receive $50 per month for three years. The transfer...
Persistent link: https://www.econbiz.de/10015056108
How high is unemployment? How low is labor force participation? Is obesity more prevalent among men? How large are household expenditures? We study the sources of the relevant official statistics--the Current Population Survey (CPS), the Behavioral Risk Factor Surveillance System (BRFSS), and...
Persistent link: https://www.econbiz.de/10012456343
The permanent income hypothesis is tested on a four-quarter panel of about two thousand Japanese households for ten …
Persistent link: https://www.econbiz.de/10012477790
panel of about 2,000 households. Our major findings are: 1. Consumption responds much more strongly to permanent than to …
Persistent link: https://www.econbiz.de/10012478631