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Improving the Quality of Economic Data: Lessons from the HRS and AHEAD
F. Juster,James P. Smith +1 more
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Follow-up brackets as discussed by the authors represent partial responses to asset questions and apparently significantly reduce item nonresponse, which is a critical problem with economic survey data, and also provide a remedy to deal with nonignorable nonresponse bias.Abstract:
Missing data are an increasingly important problem in economic surveys, especially when trying to measure household wealth. However, some relatively simple new survey methods such as follow-up brackets appear to appreciably improve the quality of household economic data. Brackets represent partial responses to asset questions and apparently significantly reduce item nonresponse. Brackets also provide a remedy to deal with nonignorable nonresponse bias, a critical problem with economic survey data.read more
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Saving after retirement: evidence from three different surveys
TL;DR: In this article, the authors study the saving behavior of the elderly and find that precautionary savings, bequest motives and health are among the reasons why some elderly do not decumulate in the pattern predicted by the life-cycle model.
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Measured as Poor Versus Feeling Poor : Comparing Objective and Subjective Poverty Rates in South Africa
Dorrit Posel,Michael Rogan +1 more
TL;DR: The authors compare subjective and money-metric measures of poverty in South Africa using data collected in the 2008/09 Living Conditions Survey (LCS) in addition to collecting detailed information on expenditure, the LCS asked respondents to provide an assessment of the economic status of their household, ranging from very poor to very rich.
Report SeriesDOI
What can we learn from retirement expectations data
Richard Disney,Tanner Tanner +1 more
TL;DR: In this paper, the authors used the two waves of the UK Retirement Survey, undertaken in 1988-89 and 1994, to investigate the relationship between people's expectations of their most likely retirement date and actual retirements.
Posted Content
Disease Prevalence, Disease Incidence, and Mortality in the United States and in England
TL;DR: It is found that both disease incidence and disease prevalence are higher among Americans in age groups 55–64 and 70–80, indicating that Americans suffer from higher past cumulative disease risk and experience higher immediate risk of new disease onset compared with the English.
Journal ArticleDOI
Enhancing the Quality of Data on Income Recent Innovations from the HRS
TL;DR: In this paper, the authors evaluate two survey innovations introduced in the HRS that aimed to improve income measurement, i.e., the integration of questions for income and wealth and matching the periodicity over which income questions are asked to the typical way such income is received.
References
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Multiple Imputation After 18+ Years
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Sensitive questions in surveys.
Roger Tourangeau,Ting Yan +1 more
TL;DR: The article reviews the research done by survey methodologists on reporting errors in surveys on sensitive topics, noting parallels and differences from the psychological literature on social desirability.
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Empirical Strategies in Labor Economics
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Working With Missing Values
TL;DR: In this paper, the effects of missing values are illustrated for a linear model, and a series of recommendations are provided for missing values can produce biased estimates, distorted statistical power, and invalid conclusions.
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