Data Fusion Between Bank of Italy-SHIW and ISTAT-HBS
AbstractThe aim of this work is to match household consumption information from Indagine sui Consumi delle Famiglie (Household Budget Survey, HBS) by the Italian National Statistical Institute (ISTAT) with Indagine sui Bilanci delle Famiglie Italiane (Survey of Households’ Income and Wealth, SHIW) by the Bank of Italy. In particular, we combine information from the Historical Database (integrated with information from the original cross sectional files) of SHIW 2010 with the wave 2010 of HBS. The work offers a review of the main matching methodologies, coupled with a discussion of the underlying hypotheses (such as the CIA) which, in our case, are less demanding to assume given the presence of aggregate consumption as common variable between the two surveys. Moreover, some tests measuring the validity of the matching procedure are presented in order to check the preservation of joint distributions. The resulting sample provides an integrated synthetic dataset which allows to jointly analyze income, wealth and consumption distributions with a high degree of detail for both incomes/assets and consumption expenditure items. This source is expected to allow better multidimensional-distributional analyses on consumption income and wealth and to provide a basis for an integrated microsimulation analysis of direct, indirect and wealth tax reforms which, so far, has not been feasible taking available sample surveys separately.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 51253.
Date of creation: Oct 2013
Date of revision:
data fusion; propensity score; household consumption; income; wealth;
Find related papers by JEL classification:
- C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-11-16 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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