Wealth, Pensions, Debt, and Savings: Considerations for a Panel Survey

Brian Bucks and Karen Pence

No 2015-19, Finance and Economics Discussion Series from Board of Governors of the Federal Reserve System (U.S.)

Abstract: Several U.S. panel surveys measure household wealth. At the same time, many important questions about household wealth accumulation remain somewhat unresolved. We consider whether measurement error on the existing suite of longitudinal surveys hinders their usefulness for addressing these questions. We review the features of wealth data that make it difficult to collect and assess which assets and debts households are more likely to report accurately. We suggest several considerations in choosing between improving existing surveys and starting a new one.

Keywords: Measurement error; survey methods; wealth (search for similar items in EconPapers)
Pages: 35 pages
Date: 2015-02-26
New Economics Papers: this item is included in nep-age
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http://www.federalreserve.gov/econresdata/feds/2015/files/2015019pap.pdf Full text (application/pdf)
http://dx.doi.org/10.17016/FEDS.2015.019 http://dx.doi.org/10.17016/FEDS.2015.019 (application/pdf)

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Journal Article: Wealth, pensions, debt, and savings: Considerations for a panel survey (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfe:2015-19

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