Improving the Quality of Economic Data: Lessons from the HRS and AHEAD
AbstractMissing data are an increasingly important problem in economic surveys, especially when trying to measure household wealth. However, some relatively simple new survey methods such as follow-up brackets appear to appreciably improve the quality of household economic data. Brackets represent partial responses to asset questions and apparently significantly reduce item nonresponse. Brackets also provide a remedy to deal with nonignorable nonresponse bias, a critical problem with economic survey data.
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Bibliographic InfoPaper provided by EconWPA in its series Labor and Demography with number 0402010.
Length: 11 pages
Date of creation: 20 Feb 2004
Date of revision:
Note: Type of Document - pdf; pages: 11. Journal of the American Statistical Association, Vol. 92, No. 440, 1997, pp. 1268-1278.
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Find related papers by JEL classification:
- J - Labor and Demographic Economics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-02-23 (All new papers)
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Review of Income and Wealth,
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- More on the Quality of Economic Data
by Dave Giles in Econometrics Beat: Dave Giles' Blog on 2013-04-29 22:28:00
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