In this paper we discuss an empirical strategy that allows researchers to impute consumption data from the CEX to the PSID. The strategy consists of inverting a demand for food equation estimated in the CEX. We discuss the conditions under which such procedure is successful in replicating the trends of the first two moments of the consumption distribution. We argue that two factors appear to be empirically relevant: accounting for differences in the distribution of food expenditures in the two data sets, and accounting for the presence of measurement error in consumption data in the CEX
A complete system of budget share equations for U.S. food consumption was estimated using alternativ...
The Consumer Expenditure Survey (CEX) offers the most comprehensive consumption data at the consumer...
We discuss the state-of-the-art in the application of quasi-experimental methods to estim...
In this paper we discuss an empirical strategy that allows researchers to impute consumption data fr...
In this paper we discuss an empirical strategy that allows researchers to impute consumptiondata fro...
This paper assesses the accuracy of decomposing income risk into permanent and transitory components...
Many important questions in Macro and Labor economics can only be answered using a panel of income a...
We study how estimators that are used to impute consumption in survey data are inconsistent due to m...
We study how estimators used to impute consumption in survey data are inconsistent due to measuremen...
We study how to improve the estimation of annual food expenditures from household budget surveys wit...
Cross-section estimates of income elasticities for food staples in the aggregate based on quantity i...
Health concerns are thought by many to have shifted consumption away from red meats, though economet...
A new method of measuring the degree of consumption smoothing is proposed and implemented using data...
This paper proposes and implements a new method of measuring the degree of consumption smoothing usi...
There is wide variation in how consumption is measured in household surveys both across countries an...
A complete system of budget share equations for U.S. food consumption was estimated using alternativ...
The Consumer Expenditure Survey (CEX) offers the most comprehensive consumption data at the consumer...
We discuss the state-of-the-art in the application of quasi-experimental methods to estim...
In this paper we discuss an empirical strategy that allows researchers to impute consumption data fr...
In this paper we discuss an empirical strategy that allows researchers to impute consumptiondata fro...
This paper assesses the accuracy of decomposing income risk into permanent and transitory components...
Many important questions in Macro and Labor economics can only be answered using a panel of income a...
We study how estimators that are used to impute consumption in survey data are inconsistent due to m...
We study how estimators used to impute consumption in survey data are inconsistent due to measuremen...
We study how to improve the estimation of annual food expenditures from household budget surveys wit...
Cross-section estimates of income elasticities for food staples in the aggregate based on quantity i...
Health concerns are thought by many to have shifted consumption away from red meats, though economet...
A new method of measuring the degree of consumption smoothing is proposed and implemented using data...
This paper proposes and implements a new method of measuring the degree of consumption smoothing usi...
There is wide variation in how consumption is measured in household surveys both across countries an...
A complete system of budget share equations for U.S. food consumption was estimated using alternativ...
The Consumer Expenditure Survey (CEX) offers the most comprehensive consumption data at the consumer...
We discuss the state-of-the-art in the application of quasi-experimental methods to estim...