What Do Survey Data Tell Us about U.S. Businesses?
Kurt See () and
Serdar Birinci ()
Additional contact information
Anmol Bhandari: University of Minnesota
No 53, 2019 Meeting Papers from Society for Economic Dynamics
This paper examines the reliability of widely used surveys on U.S. businesses. We compare survey responses of business owners with administrative data and document large inconsistencies in business incomes, receipts, and the number of owners. We document problems due to nonrepresentative samples and mea- surement errors. Nonrepresentativeness is reflected in undersampling of owners with low incomes. Measurement errors arise because respondents do not re- fer to relevant documents and possibly because of framing issues. We discuss implications for statistics of interest, such as business valuations and returns. We conclude that predictions based on current survey data should be treated with caution.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
Journal Article: What Do Survey Data Tell Us about US Businesses? (2020)
Working Paper: What Do Survey Data Tell Us about US Businesses? (2020)
Working Paper: What Do Survey Data Tell Us About US Businesses? (2019)
Working Paper: What Do Survey Data Tell Us about US Businesses? (2019)
Working Paper: What Do Survey Data Tell Us about U.S. Businesses? (2018)
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:red:sed019:53
Access Statistics for this paper
More papers in 2019 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().