Imputing consumption from Norwegian income and wealth registry data

Andreas Fagereng and Elin Halvorsen ()
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Elin Halvorsen: Statistics Norway, https://www.ssb.no/en/forskning/ansatte

Discussion Papers from Statistics Norway, Research Department

Abstract: Data on consumption expenditure of the household is essential in a wide array of economic research. This includes both topics in micro as well as macroeconomics. However, obtaining a consistent and precise measure of household consumption has proven notoriously difficult. This paper documents a method for computing a longitudinal consumption measure for Norwegian households from administrative records of income and wealth. Expenditure surveys tend to suffer from limited sample sizes and underrepresentation of high-income households. Administrative data does not have such limitations and offers a much larger sample with better coverage of all household types. This is particularly useful for improving the measurement of heterogeneity in consumption behavior.

Keywords: consumption measurement; savings; household finance (search for similar items in EconPapers)
JEL-codes: D12 D14 D31 E21 G11 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2015-12
New Economics Papers: this item is included in nep-mac
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Citations: View citations in EconPapers (8)

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Journal Article: Imputing consumption from Norwegian income and wealth registry data (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:ssb:dispap:831

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