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
Englisch

Erschienen in
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)
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

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