NBER WORKING PAPER SERIES IS THE CONSUMER EXPENDITURE SURVEY REPRESENTATIVE BY INCOME?

Views here do not represent those of the Federal Reserve Board, the U.S. Bureau of the Census, or the U.S. Bureau of Labor Statistics. The authors would like to thank C. Adam Bee for his assistance with CPS data. This paper was prepared for the December, 2011 CRIW/NBER Conference, Improving the Measurement of Consumer Expenditures. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. At least one co-author has disclosed a financial relationship of potential relevance for this research. Further information is available online a