Increases in Wealth among the Elderly in the Early 1990s How Much is Due to Survey Design?

Susann Rohwedder, Steven Haider and Michael Hurd ()

No WR-195, Working Papers from RAND Corporation

Abstract: The Asset and Health Dynamics Among the Oldest Old (AHEAD) study shows a large increase in reported total wealth between 1993 and 1995. Such an increase is not found in other US household surveys around that period. This paper examines one source of this difference. The authors find that in AHEAD 1993 ownership rates of stocks, CDs, bonds, and checking and saving accounts were under-reported, resulting in under-measurement of wealth in 1993, and a substantial increase in wealth from 1993 to 1995. The explanation for the under-reporting is a combination of question sequence and wording in the AHEAD survey instrument.

JEL-codes: C42 D91 J14 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2004-11
References: View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://www.rand.org/content/dam/rand/pubs/working_papers/2004/RAND_WR195.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
Journal Article: INCREASES IN WEALTH AMONG THE ELDERLY IN THE EARLY 1990s: HOW MUCH IS DUE TO SURVEY DESIGN? (2006)
Working Paper: Increases in Wealth among the Elderly in the Early 1990s: How Much is Due to Survey Design? (2004)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ran:wpaper:wr-195

Access Statistics for this paper

More papers in Working Papers from RAND Corporation Contact information at EDIRC.
Bibliographic data for series maintained by Benson Wong ().