Measurement error and imputation of consumption in survey data
We study how estimators used to impute consumption in survey data are inconsistent due to measurement error in consumption. Previous research suggests instrumenting consumption to overcome this problem. We show that, if additional regressors are present in the estimation, then instrumenting consumption may still produce inconsistent estimators. This inconsistency arises from the likely correlation between those additional regressors and the measurement error, a correlation not directly observable. We propose an additional condition to be satisfied by the instrument that reduces and even eliminates measurement error bias in the presence of additional regressors. This condition is directly observable in the data.
|Date of creation:||Jul 2012|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +34-91 6249594
Fax: +34-91 6249329
Web page: http://www.eco.uc3m.es
More information through EDIRC
References listed on IDEAS
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.:
- Erich Battistin & Raffale Miniaci & Guglielmo Weber, 2000.
"What do we learn from recall consumption data?,"
IFS Working Papers
W00/10, Institute for Fiscal Studies.
- Naeem Ahmed & Matthew Brzozowski & Thomas Crossley, 2006. "Measurement errors in recall food consumption data," IFS Working Papers W06/21, Institute for Fiscal Studies.
- Erich Battistin & Mario Padula, 2010.
"Survey Instruments and the Reports of Consumption Expenditures: Evidence from the Consumer Expenditure Surveys,"
CSEF Working Papers
259, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Battistin, Erich & Padula, Mario, 2010. "Survey Instruments and the Reports of Consumption Expenditures: Evidence from the Consumer Expenditure Surveys," CEPR Discussion Papers 8051, C.E.P.R. Discussion Papers.
When requesting a correction, please mention this item's handle: RePEc:cte:werepe:we1219. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.