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variances and cell means for all topcoded income values in the public-use version of these data. We then provide a procedure … imputing its topcoded income values. As an example of its value we show how our new procedure improves on existing imputation …
Persistent link: https://www.econbiz.de/10012758238
Atkinson, Piketty, and Saez (2011) survey an important new literature using income tax-based data to measure the share … of income held by top income groups. But changes in tax legislation that expand the tax base to include income sources (e … the share of income they hold. We provide a cautionary tale from Australia of how comprehensive tax reform legislation in …
Persistent link: https://www.econbiz.de/10013080416
Recent research on United States levels and trends in income inequality vary substantially in how they measure income …. Piketty and Saez (2003) examine market income of tax units based on IRS tax return data, DeNavas-Walt, Proctor, and Smith … (2012) and most CPS-based research uses pre-tax, post-transfer cash income of households, while the CBO (2012) uses both …
Persistent link: https://www.econbiz.de/10013080835
series that provides the mean of all income values above the topcode for any income source of any individual in the public … together with the public use March CPS, we closely match the yearly mean income levels and income inequalities of the U …
Persistent link: https://www.econbiz.de/10012759378
One of the pervasive issues in social and environmental research has been to improve the quality of socioeconomic data in developing countries. Because of the shortcoming of standard data sources, the present study examines luminosity (measures of nighttime lights) as a proxy for standard...
Persistent link: https://www.econbiz.de/10013138765
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/10013108000
lessons for both inflation measurement and some fundamental research questions in macro and international economics. In … particular, we show how online prices can be used to construct daily price indexes in multiple countries and to avoid measurement …
Persistent link: https://www.econbiz.de/10012995985
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/10012862861
Survey under-coverage of top incomes leads to bias in survey-based estimates of overall income inequality. Using income …'s pioneering ‘SPI adjustment' method that implements this idea. Since 1992, the principal income distribution series (reported … annually in Households Below Average Income) has been based on household survey data in which the incomes of a small number of …
Persistent link: https://www.econbiz.de/10012953509
types of measurement errors: higher-income households (who presumably spend more than average) are under-represented in the … new data set linking CE units to zip-code level average Adjusted Gross Income (AGI), we show that the very highest-income … income over most of the income distribution. Although increasing representation at the high end of the income distribution …
Persistent link: https://www.econbiz.de/10012938250