Arbeitspapier
Imputing consumption from Norwegian income and wealth registry data
Data on consumption expenditure of the household is essential in a wide array of economic research. This includes both topics in micro as well as macroeconomics. However, obtaining a consistent and precise measure of household consumption has proven notoriously difficult. This paper documents a method for computing a longitudinal consumption measure for Norwegian households from administrative records of income and wealth. Expenditure surveys tend to suffer from limited sample sizes and underrepresentation of high-income households. Administrative data does not have such limitations and offers a much larger sample with better coverage of all household types. This is particularly useful for improving the measurement of heterogeneity in consumption behavior.
- Sprache
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Englisch
- Erschienen in
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Series: Discussion Papers ; No. 831
- Klassifikation
-
Wirtschaft
Consumer Economics: Empirical Analysis
Household Saving; Personal Finance
Personal Income, Wealth, and Their Distributions
Macroeconomics: Consumption; Saving; Wealth
Portfolio Choice; Investment Decisions
- Thema
-
consumption measurement
savings
household finance
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fagereng, Andreas
Halvorsen, Elin
- Ereignis
-
Veröffentlichung
- (wer)
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Statistics Norway, Research Department
- (wo)
-
Oslo
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Fagereng, Andreas
- Halvorsen, Elin
- Statistics Norway, Research Department
Entstanden
- 2015