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

Lothar Essig ()
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Lothar Essig: Mannheim Research Institute for the Economics of Aging (MEA), Postal: L 13, 15, D-68131 Mannheim

No 5081, MEA discussion paper series from Mannheim Research Institute for the Economics of Aging, University of Mannheim

Abstract: General purpose surveys typically refrain from using an exhaustive list of consump-tion 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 re-sponse willingness. An alternative 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.

JEL-codes: C81 D12 (search for similar items in EconPapers)
Date: Written 2005-06-21
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Persistent link: http://EconPapers.repec.org/RePEc:xrs:meawpa:05081

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