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The measurement of household consumption expenditures

Author

Listed:
  • Martin Browning

    (Institute for Fiscal Studies and University of Oxford)

  • Thomas Crossley

    (Institute for Fiscal Studies and University of Essex and European University Institute)

  • Joachim K. Winter

    (Institute for Fiscal Studies and Ludwig-Maximilians-Universität München)

Abstract

Household-level data on consumer expenditures underpins 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 Crossley & Joachim K. Winter, 2014. "The measurement of household consumption expenditures," IFS Working Papers W14/07, Institute for Fiscal Studies.
    • Handle: RePEc:ifs:ifsewp:14/07
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    References listed on IDEAS

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    More about this item

    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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