Imputing total expenditures from a non-exhaustive list of items : an empirical assessment using the SAVE data set

Essig, Lothar

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URN: urn:nbn:de:bsz:180-madoc-26503
Document Type: Working paper
Year of publication: 2005
The title of a journal, publication series: None
Publication language: English
Institution: School of Law and Economics > Sonstige - Fakultät für Rechtswissenschaft und Volkswirtschaftslehre
MADOC publication series: Sonderforschungsbereich 504 > Rationalitätskonzepte, Entscheidungsverhalten und ökonomische Modellierung (Laufzeit 1997 - 2008)
Subject: 330 Economics
Classification: JEL: D12 C81 ,
Subject headings (SWD): Verbrauch , Ausgaben , Umfrage
Abstract: General purpose surveys typically refrain from using an exhaustive list of consumption expenditure items since the gain of more precise data on consumption is usually more than offset by the large increase in interview time and respondent effort which reduces response willingness. An alter¬native is to ask respondents a non-exhaustive list of consumption expenditure items and use those items to impute total consumption by the use of an external data source. This paper uses the SAVE (internal) and EVS (external) data sets to apply such a procedure.
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