The Measurement of Household Consumption Expenditures

Martin Browning, Thomas Crossley () and Joachim Winter ()

Annual Review of Economics, 2014, vol. 6, issue 1, 475-501

Abstract: Household-level data on consumer expenditures underpin a wide range of empirical research in modern economics, spanning micro- and macroeconomics. This research includes work on consumption and saving, on poverty and inequality, and on risk sharing and insurance. We review different ways in which such data can be collected or captured: traditional detailed budget surveys, less onerous survey procedures that might be included in more general surveys, and administrative or process data. We discuss the advantages and difficulties of each approach and suggest directions for future investigation.

Keywords: expenditure; survey data; administrative data; measurement error (search for similar items in EconPapers)
JEL-codes: C81 D12 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (42)

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Working Paper: The measurement of household consumption expenditures (2014)
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