@article {5679,
	title = {Enhancing the Quality of Data on the Measurement of Income and Wealth},
	number = {WP 2007-151},
	year = {2007},
	institution = {Michigan Retirement and Disability Research Center, University of Michigan},
	address = {Ann Arbor, MI},
	abstract = {Over the last decade or so, a substantial effort has gone into the design of a series of methodological investigations aimed at enhancing the quality of survey data on income and wealth.  These investigations have largely been conducted at the Survey Research Center at the University of Michigan, and have mainly involved two longitudinal surveys: the Health and Retirement Study (HRS), with a first wave beginning in 1992 and continued thereafter every other year through 2004; and the Assets and Health Dynamics Among the Oldest Old (AHEAD) Study, begun in 1993 and continued in 1995 and 1998, then in every other year through 2004. Surveys for the year 2006 are currently in the field. This paper provides an overview of the main studies and summarizes what has been learned so far. The studies include; a paper by Juster and Smith (Improving the Quality of Economic Data: Lessons from the HRS and AHEAD, JASA, 1997); a paper by Juster, Cao, Perry and Couper (The Effect of Unfolding Brackets on the Quality of Wealth Data in HRS, MRRC Working Paper, WP 2006-113, January 2006); a paper by Hurd, Juster and Smith (Enhancing the Quality of Data on Income: Recent Innovations from the HRS, Journal of Human Resources, Summer 2003); a paper by Juster, Lupton and Cao (Ensuring Time-Series Consistency in Estimates of Income and Wealth, MRRC Working Paper, WP 2002-030, July 2002); a paper by Cao and Juster (Correcting Second-Home Equity in HRS/AHEAD: MRRC Working Paper WP 2004-081, June 2004); and a paper by Rohwedder, Haider and Hurd (RAND Working Paper, 2004).},
	keywords = {Income, Methodology, Net Worth and Assets},
	url = {https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1095815},
	author = {Juster, F. Thomas and Cao, Honggao and Mick P. Couper and Daniel H. Hill and Michael D Hurd and Joseph P. Lupton and Michael M. Perry and James P Smith}
}
@article {5635,
	title = {Enhancing the Quality of Data on Income and Wealth},
	year = {2005},
	institution = {The University of Michigan, Michigan Retirement Research Center},
	abstract = {Over the last decade or so, a substantial effort has gone into the design of a series of methodological investigations aimed at enhancing the quality of survey data on income and wealth. These investigations have largely been conducted at the Survey Research Center at the University of Michigan, and have mainly involved two longitudinal surveys: the Health and Retirement Study (HRS), with a first wave beginning in 1992 and continued thereafter every other year through 2004; and the Assets and Health Dynamics Among the Oldest Old (AHEAD) Study, begun in 1993 and continued in 1995 and 1998, then in every other year through 2004. This provides and overview of the main studies and summarizes what has been learned about correcting longitudinal inconsistencies that arise.},
	keywords = {Income, Methodology, Net Worth and Assets},
	url = {http://www.mrrc.isr.umich.edu/publications/papers/},
	author = {Cao, Honggao and Daniel H. Hill and Juster, F. Thomas and Michael M. Perry}
}
@inbook {5119,
	title = {Unfolding Bracket Method in the Measurement of Expenditures and Wealth},
	booktitle = {Wealth, Work, and Health: Innovations in Measurement in the Social Sciences: Essays in honor of F. Thomas Juster.},
	year = {1999},
	note = {ProCite field[8]: eds.},
	pages = {64-86},
	publisher = {University of Michigan Press},
	organization = {University of Michigan Press},
	address = {Ann Arbor, MI},
	keywords = {Consumption and Savings, Methodology, Net Worth and Assets},
	url = {https://books.google.com/books?id=lKvp4D1HuH8C\&pg=PA64\&lpg=PA64\&dq=Unfolding+Bracket+Method+in+the+Measurement+of+Expenditures+and+Wealth\&source=bl\&ots=hFIAdSfSt6\&sig=ACfU3U2f2HvZoq6nQLadPt_pPaidMEBcyQ\&hl=en\&sa=X\&ved=2ahUKEwjAruG52p3qAhWIZM0KHTMiBpAQ6AEwA},
	author = {Daniel H. Hill},
	editor = {James P Smith and Robert J. Willis}
}
@article {5297,
	title = {Respondent Rules and the Quality of Net Worth Data in the HRS},
	year = {1993},
	institution = {University of Michigan},
	abstract = {The HRS uses an informed selection procedure in choosing with spouse to ask about the household{\textquoteright}s assets and debts. This is more expensive than presumptive selection which has been commonly employed in past surveys. This paper evaluates the quality of the resulting net worth data in terms of the exactness of the reports. A trivariate ordered probit model is developed and estimated. This model controls for the self-selectivity of both the gender and proxy interview status of the net-worth respondent. The results suggest that the informed selection procedure does indeed result in lower item non-response and less reliance on approximation strategies than would a presumptive  husband R1  respondent rule.},
	keywords = {Methodology, Net Worth and Assets},
	url = {http://www.psc.isr.umich.edu/pubs/series.html},
	author = {Daniel H. Hill}
}
