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The Validity of Consumption Data: Are the Consumer Expenditure Interview and Diary Surveys Informative?
Meyer, Bruce D.; Bee, Adam; Sullivan, James X. - National Bureau of Economic Research (NBER) - 2012
-reporting of income and expenditures at the top. We then examine the precision of the two surveys and the frequency of no spending …
Persistent link: https://www.econbiz.de/10011271446
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The Potential use of In-home Scanner Technology for Budget Surveys
Leicester, Andrew - National Bureau of Economic Research (NBER) - 2013
This paper considers the potential role of in-home scanners as a method of data collection for national budget surveys such as the Consumer Expenditure Survey. A detailed comparison is made between scanner data and diary-based budget survey data for food at home in the UK. Levels of recorded...
Persistent link: https://www.econbiz.de/10011271461
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Measuring Total Household Spending in a Monthly Internet Survey: Evidence from the American Life Panel
Hurd, Michael D.; Rohwedder, Susann - National Bureau of Economic Research (NBER) - 2012
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/10011271479
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Asking Households About Expenditures: What Have We Learned?
Crossley, Thomas; Winter, Joachim - National Bureau of Economic Research (NBER) - 2013
When designing household surveys, including surveys that measure consumption expenditure, numerous choices need to be made. Which survey mode should be used? Do recall questions or diaries provide more reliable expenditure data? How should the concept of a household be defined? How should the...
Persistent link: https://www.econbiz.de/10011271494
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A Test for Anchoring and Yea-Saying in Experimental Consumption Data
van soest, arthur; Hurd, Michael D. - National Bureau of Economic Research (NBER) - 2004
In the experimental module of the AHEAD 1995 data, the sample is randomly split into respondents who get an open-ended question on the amount of total family consumption - with follow-up unfolding brackets (of the form: is consumption $X or more?) for those who answer don't know' or refuse' -...
Persistent link: https://www.econbiz.de/10005085136
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An Empirical Study of the Credit Market with Unobserved Consumer Typers
Gan, Li; Mosquera, Roberto - National Bureau of Economic Research (NBER) - 2008
This paper proposes an econometric model to identify unobserved consumer types in the credit market. Consumers choose different amounts of loan because of differences in their time or risk preferences (types). Thus, the unconditional probability of default is modeled using a mixture density...
Persistent link: https://www.econbiz.de/10005717962
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Mind the Gap! Consumer Perceptions and Choices of Medicare Part D Prescription Drug Plans
Winter, Joachim; Heiss, Florian; McFadden, Daniel - National Bureau of Economic Research (NBER) - 2007
Medicare Part D provides prescription drug coverage through Medicare approved plans offered by private insurance companies and HMOs. In this paper, we study the role of current prescription drug use and health risks, related expectations, and subjective factors in the demand for prescription...
Persistent link: https://www.econbiz.de/10005720044
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Not-so-Classical Measurement Errors: A Validation Study of Homescan
Leibtag, Ephraim; Nevo, Aviv; Einav, Liran - National Bureau of Economic Research (NBER) - 2008
We report results from a validation study of Nielsen Homescan data. We use data from a large grocery chain to match thousands of individual transactions that were recorded by both the retailer (at the store) and the Nielsen Homescan panelist (at home). First, we report how often shopping trips...
Persistent link: https://www.econbiz.de/10005720395
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Models for Anchoring and Acquiescence Bias in Consumption Data
van soest, arthur; Hurd, Michael D. - National Bureau of Economic Research (NBER) - 2004
selective nature of non-response to the open-ended question and on the distribution of consumption expenditures in the …
Persistent link: https://www.econbiz.de/10005580626
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Five Decades of Consumption and Income Poverty
Meyer, Bruce D.; Sullivan, James X. - National Bureau of Economic Research (NBER) - 2009
This paper examines poverty in the United States from 1960 through 2005. We investigate how poverty rates and poverty … different income and consumption measures of poverty, and consider explanations for the differences in trends. We document sharp … differences, particularly in recent years, between different income poverty measures, and between income and consumption poverty …
Persistent link: https://www.econbiz.de/10005579934