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Statistical Matching Using Propensity Scores: Theory and Application to the Levy Institute Measure of Economic Wellbeing

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  • Hyunsub Kum
  • Thomas Masterson

Abstract

This paper summarizes the background, type, logic, and working procedure of the statistical matching used in the Levy Institute Measure of Economic Wellbeing (LIMEW) project to combine the various data sets used to produce the synthetic data set with which the LIMEW is constructed. We use the match between the 2001 Survey of Consumer Finances and Annual Demographic Survey of Current Population Survey data sets to demonstrate the procedure and results of the matching. Challenges facing the use of this technique, such as the distribution of weights, are discussed in the conclusion.

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File URL: http://www.levyinstitute.org/pubs/wp_535.pdf
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Bibliographic Info

Paper provided by Levy Economics Institute, The in its series Economics Working Paper Archive with number wp_535.

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Date of creation: May 2008
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Handle: RePEc:lev:wrkpap:wp_535

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Web page: http://www.levyinstitute.org

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Cited by:
  1. Thomas Masterson, 2010. "Quality of Match for Statistical Matches Used in the 1999 and 2005 LIMEW Estimates for Canada," Economics Working Paper Archive wp_615, Levy Economics Institute, The.
  2. Andrew Sharpe & Alexander Murray & Benjamin Evans & Elspeth Hazell, 2011. "The Levy Institute Measure of Economic Well-Being: Estimates for Canada, 1999 and 2005," Economics Working Paper Archive wp_680, Levy Economics Institute, The.
  3. Andrew Sharpe & Alexander Murray & Benjamin Evans & Elspeth Hazell, 2011. "The Levy Institute Measure of Economic Well-Being: Estimates for Canada, 1999 and 2005," CSLS Research Reports 2011-09, Centre for the Study of Living Standards.
  4. Thomas Masterson, 2010. "Quality of Match for Statistical Matches Used in the 1992 and 2007 LIMEW Estimates for the United States," Economics Working Paper Archive wp_618, Levy Economics Institute, The.

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