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It is well known that people’s consumption patterns change with income. Relative price changes therefore affect rich and poor consumers differently. Yet, the standard price indices are not income-specific and hence, the use of these mask these differences in cost-of-living. In this paper, we...
Persistent link: https://www.econbiz.de/10011421580
It is well known that people's consumption patterns change with income. Relative price changes therefore affect rich and poor consumers differently. Yet, the standard price indices are not income-specific and hence, the use of these mask these differences in cost-of-living. In this paper, we...
Persistent link: https://www.econbiz.de/10012997169
We propose a first order bias correction term for the Gini index to reduce the bias due to grouping. The first order … correction term is obtained from studying the estimator of the Gini index within a measurement error framework. In addition, it … reveals an intuitive formula for the remaining second order bias which is useful in empirical analyses. We analyze the …
Persistent link: https://www.econbiz.de/10011377108
measurement, and it has become standard practice to construct income measures to mitigate these. However, remaining bias can lead … grandfather coefficient estimate. We further propose an IV approach, showing that it is not susceptible to this spillover bias in … Norway, we reveal a positive spillover bias in the grandfather coefficient estimates, and the combined evidence from our OLS …
Persistent link: https://www.econbiz.de/10011966854
Earnings nonresponse in household surveys is widespread, yet there is limited knowledge of how nonresponse biases earnings measures. We examine the consequences of nonresponse on earnings gaps and inequality using Current Population Survey individual records linked to administrative earnings...
Persistent link: https://www.econbiz.de/10011892612
Persistent link: https://www.econbiz.de/10003735992
Policy analysis frequently requires estimates of aggregate (or mean) consumer elasticities. However, estimates are often made incorrectly, based on elasticity calculations at mean income. We provide in this paper an overall integrated analytical framework that encompasses these biases and...
Persistent link: https://www.econbiz.de/10010498377
less fundamental, may still seriously bias empirical results that rely on NIPA data …
Persistent link: https://www.econbiz.de/10014082731
We examine the extent to which self-reported health measures suffer from reporting bias and then characterize how this … reporting bias affects the estimation of income-related health inequality as measured by the concentration index. We run a … comprehensive set of tests of reporting bias using several self-reported health measures and several clinical measures of health …
Persistent link: https://www.econbiz.de/10012953287
This chapter reviews definitional issues that arise in assessing the extent of, and change in, poverty in western industrialized countries, including the choice of resource, level of poverty line and appropriate adjustments for the size and type of the income-sharing unit. The chapter also...
Persistent link: https://www.econbiz.de/10014024203