Sample Bias Related to Household Role
No 2021-9, FRB Atlanta Working Paper from Federal Reserve Bank of Atlanta
This paper develops a two-stage statistical analysis to identify and assess the effect of a sample bias associated with an individual's household role. Survey responses to questions about the respondent's role in household finances and a sampling design in which some households have all members take the survey enable the estimation of distributions for each individual's share of household responsibility. The methodology is applied to the 2017 Survey of Consumer Payment Choice. The distribution of responsibility shares among survey respondents suggests that the sampling procedure favors household members with higher levels of responsibility. A bootstrap analysis reveals that population mean estimates of monthly payment instrument use that do not account for this type of sample misrepresentation are likely biased for instruments often used to make household purchases. For checks and electronic payments, analysis suggests it is likely that unadjusted estimates overstate true values by 10 percent to 20 percent.
Keywords: survey error; Bayesian interference; Survey of Consumer Payment Choice; bootstrap; household economics (search for similar items in EconPapers)
JEL-codes: C11 C83 D12 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cwa
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Published in 2021
Downloads: (external link)
https://www.frbatlanta.org/-/media/documents/resea ... o-household-role.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:fip:fedawp:90079
Ordering information: This working paper can be ordered from
Access Statistics for this paper
More papers in FRB Atlanta Working Paper from Federal Reserve Bank of Atlanta Contact information at EDIRC.
Bibliographic data for series maintained by ().