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The Measurement of Household Consumption Expenditures

Author

Listed:
  • Martin Browning

    (Department of Economics, University of Oxford, Oxford OX1 3UQ, United Kingdom)

  • Thomas F. Crossley

    (Department of Economics, University of Essex, Colchester CO4 3SQ, United Kingdom
    Institute for Fiscal Studies, London WC1E 7AE, United Kingdom)

  • Joachim Winter

    (Department of Economics, University of Munich, Munich 80539, Germany)

Abstract

Household-level data on consumer expenditures underpin a wide range of empirical research in modern economics, spanning micro- and macroeconomics. This research includes work on consumption and saving, on poverty and inequality, and on risk sharing and insurance. We review different ways in which such data can be collected or captured: traditional detailed budget surveys, less onerous survey procedures that might be included in more general surveys, and administrative or process data. We discuss the advantages and difficulties of each approach and suggest directions for future investigation.

Suggested Citation

  • Martin Browning & Thomas F. Crossley & Joachim Winter, 2014. "The Measurement of Household Consumption Expenditures," Annual Review of Economics, Annual Reviews, vol. 6(1), pages 475-501, August.
    • Handle: RePEc:anr:reveco:v:6:y:2014:p:475-501
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    File URL: http://www.annualreviews.org/doi/abs/10.1146/annurev-economics-080213-041247
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    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

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