Andreski, Patricia; Li, Geng; Samancioglu, Mehmet Zahid; … - In: American Economic Review 104 (2014) 5, pp. 132-35
Comprehensive data on consumption expenditures have historically not been collected in US longitudinal household surveys. The Panel Study of Income Dynamics (PSID) expanded its expenditure data collection in 1999 and 2005. We examine these new expenditure data, highlighting several unique...