Non-response behaviour in the Bank of Italyï¿½s Survey of Household Income and Wealth
This paper aims to describe non-respondents in the Bank of Italyï¿½s Survey of Household Income and Wealth (SHIW) and to measure the underestimation of income and wealth attributable to non-response. The evidence confirms that non-response is not random, since it is more frequent among wealthier households. Therefore exclusive use of poststratification procedures based on demographic characteristics only, which are commonly employed, cannot properly adjust for the selection process observed in the SHIW. As to the estimates of average aggregates, the bias seems to be greater for financial assets (the adjusted estimates are from 15 to 31 per cent higher than the unadjusted) than for income (for which the adjustments vary from 5 to 14 per cent, probably owing to a greater asymmetry in the distribution of wealth.
|Date of creation:||Dec 2002|
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- Hayashi, Fumio & Ando, Albert & Ferris, Richard, 1988. "Life cycle and bequest savings A study of Japanese and U.S. households based on data from the 1984 NSFIE and the 1983 survey of consumer finances," Journal of the Japanese and International Economies, Elsevier, vol. 2(4), pages 450-491, December.
- Brandolini, A., 1999.
"The Distribution of Personal Income in Post-War Italy: Source Description, Date Quality, and the Time Pattern of Income Inequality,"
350, Banca Italia - Servizio di Studi.
- Andrea Brandolini, 1999. "The Distribution of Personal Income in Post-War Italy: Source Description, Data Quality, and the Time Pattern of Income Inequality," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 58(2), pages 183-239, September.
- Andrea Brandolini, 1999. "The Distribution of Personal Income in Post-War Italy: Source Description, Data Quality, and the Time Pattern of Income Inequality," Temi di discussione (Economic working papers) 350, Bank of Italy, Economic Research and International Relations Area.
- Avery, Robert B & Elliehausen, Gregory E & Kennickell, Arthur B, 1988. "Measuring Wealth with Survey Data: An Evaluation of the 1983 Survey of Consumer Finances," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 34(4), pages 339-69, December.
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