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Estimating Population Means in the 2012 Survey of Consumer Payment Choice

Author

Listed:
  • Marcin Hitczenko

Abstract

This report examines the effect of adding to a longitudinal panel on estimates of population parameters in the 2012 Survey of Consumer Payment Choice (SCPC) more than 1,000 newly recruited respondents specifically targeted to fill segments of the U.S. population that tend to be underbanked and underrepresented in the longitudinal panel. In many ways, the new respondents have fundamentally different characteristics from the ongoing respondents. To minimize confounding sources of change to annual estimates when making comparisons across years, the official 2012 SCPC publication was based on the longitudinal panel only. This research data report presents estimates based on all available responses and evaluates the effect of the additional panel on these estimates. A complete set of 2012 SCPC tables with estimates based on the full sample accompanies this report.

Suggested Citation

  • Marcin Hitczenko, 2015. "Estimating Population Means in the 2012 Survey of Consumer Payment Choice," Consumer Payments Research Data Reports 2015-02, Federal Reserve Bank of Atlanta.
    • Handle: RePEc:fip:fedadr:99472
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    File URL: https://www.atlantafed.org/-/media/documents/banking/consumer-payments/research-data-reports/2015/estimating-population-means-in-the-2012-survey-of-consumer-payment-choice/rdr1502.pdf
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    Cited by:

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    2. Claire Greene & Scott Schuh & Joanna Stavins, 2017. "The 2015 Survey of Consumer Payment Choice: summary results," Research Data Report 17-3, Federal Reserve Bank of Boston.
    3. Marco Angrisani & Kevin Foster & Marcin Hitczenko, 2015. "The 2013 Survey of Consumer Payment Choice: Technical Appendix," Consumer Payments Research Data Reports 2015-05, Federal Reserve Bank of Atlanta.
    4. Scott Schuh, 2017. "Measuring consumer expenditures with payment diaries," Working Papers 17-2, Federal Reserve Bank of Boston.
    5. Claire Greene & Scott Schuh & Joanna Stavins, 2016. "The 2014 Survey of Consumer Payment Choice: Summary Results," Consumer Payments Research Data Reports 2016-03, Federal Reserve Bank of Atlanta.
    6. Marco Angrisani & Kevin Foster & Marcin Hitczenko, 2016. "The 2014 Survey of Consumer Payment Choice: Technical Appendix," Consumer Payments Research Data Reports 2016-04, Federal Reserve Bank of Atlanta.
    7. Claire Greene & Scott Schuh & Joanna Stavins, 2018. "The 2012 diary of consumer payment choice," Research Data Report 18-1, Federal Reserve Bank of Boston.

    More about this item

    Keywords

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    JEL classification:

    • C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods

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