TY - RPRT T1 - Enhancing the Quality of Data on the Measurement of Income and Wealth Y1 - 2007 A1 - Juster, F. Thomas A1 - Cao, Honggao A1 - Mick P. Couper A1 - Daniel H. Hill A1 - Michael D Hurd A1 - Joseph P. Lupton A1 - Michael M. Perry A1 - James P Smith KW - Income KW - Methodology KW - Net Worth and Assets AB - 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). JF - Michigan Retirement and Disability Research Center Research Paper PB - Michigan Retirement and Disability Research Center, University of Michigan CY - Ann Arbor, MI UR - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1095815 U4 - Methodology/Data Quality/income/Wealth ER - TY - CHAP T1 - Unfolding Bracket Method in the Measurement of Expenditures and Wealth T2 - Wealth, Work, and Health: Innovations in Measurement in the Social Sciences: Essays in honor of F. Thomas Juster. Y1 - 1999 A1 - Daniel H. Hill ED - James P Smith ED - Robert J. Willis KW - Consumption and Savings KW - Methodology KW - Net Worth and Assets JF - Wealth, Work, and Health: Innovations in Measurement in the Social Sciences: Essays in honor of F. Thomas Juster. PB - University of Michigan Press CY - Ann Arbor, MI UR - 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 N1 - ProCite field[8]: eds. U4 - Microeconomic Data Management/Consumer Economics: Empirical Analysis/Consumer Economics: Empirical Analysis/Expenditure/Wealth/Data Collection and Data Estimation Methodology JO - Unfolding Bracket Method in the Measurement of Expenditures and Wealth ER -