Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/52838
Authors: 
Verbina, Inna
Year of Publication: 
2003
Series/Report no.: 
WIDER Discussion Papers // World Institute for Development Economics (UNU-WIDER) 2003/39
Abstract: 
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
JEL: 
C42
D10
ISBN: 
9291904619
Document Type: 
Working Paper

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