Arbeitspapier
Inconsistency in savings pattern: Is there an endogeneity bias?
Traditionally, the difference between income and expenditure reported in household surveys is used for estimation of savings at the household level. However, persistent deviation in consumption–income ratios by household income brackets raises questions about both the quality of data and the estimation method employed. This paper provides statistical evidence to accentuate the endogeneity bias, which is connected with the choice of welfare proxy for ranking process, in savings estimates by income groups. Also, two different estimators for households spending behaviour are discussed and the statistical properties of their difference are derived by the delta method. – households ; measurement of welfare ; savings
- ISBN
-
9291904619
- Language
-
Englisch
- Bibliographic citation
-
Series: WIDER Discussion Paper ; No. 2003/39
- Classification
-
Wirtschaft
Classification Discontinued 2008. See C83.
Household Behavior: General
- Subject
-
Haushaltsökonomik
Sparen
- Event
-
Geistige Schöpfung
- (who)
-
Verbina, Inna
- Event
-
Veröffentlichung
- (who)
-
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
- (where)
-
Helsinki
- (when)
-
2003
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Verbina, Inna
- The United Nations University World Institute for Development Economics Research (UNU-WIDER)
Time of origin
- 2003
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