Showing 1 - 10 of 398
Inconsistent censoring of top earnings in the public-use March Current Population Survey (CPS) is an important limitation in using it to measure labor earnings trends. Using less-censored internal CPS data, combined with Pareto estimates from it for internally censored observations, we create an...
Persistent link: https://www.econbiz.de/10010796551
decades of the twentieth century, significant race-, income-, and gender-based gaps, and significant increases in graduation …
Persistent link: https://www.econbiz.de/10011095620
While measurement error in the dependent variable does not lead to bias in some well-known cases, with a binary … dependent variable the bias can be pronounced. In binary choice, Hausman, Abrevaya and Scott-Morton (1998) show that the … asymptotic bias in parametric models allowing for correlation of the errors with both observables and unobservables. Second, we …
Persistent link: https://www.econbiz.de/10010951180
Social media enable promising new approaches to measuring economic activity and analyzing economic behavior at high frequency and in real time using information independent from standard survey and administrative sources. This paper uses data from Twitter to create indexes of job loss, job...
Persistent link: https://www.econbiz.de/10010951238
Africans above a sex-specific age cut-off resulting in a substantial increase in the income of older South Africans and … cannot be an effect of the pension income but reflects selective changes in living arrangements resulting from the pension …
Persistent link: https://www.econbiz.de/10010951416
number of categories of goods and services to comparable national income account data. We do this separately for the two … representative, although there is strong evidence of under-representation at the top of the income distribution and under …-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
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
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
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
Empirical exercises in economics frequently involve estimation of highly nonlinear models. The criterion function may not be globally concave or convex and exhibit many local extrema. Choosing among these local extrema is non-trivial for a variety of reasons. In this paper, we analyze the...
Persistent link: https://www.econbiz.de/10005248843