Improving the Quality of Economic Data: Lessons from the HRS and AHEAD

F. Thomas Juster and James P. Smith ()
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F. Thomas Juster: University of Michigan

Labor and Demography from EconWPA

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.

JEL-codes: J (search for similar items in EconPapers)
Date: 2004-02-20
Note: Type of Document - pdf; pages: 11. Journal of the American Statistical Association, Vol. 92, No. 440, 1997, pp. 1268-1278.
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpla:0402010

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