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The Sources and Methods Used in the Creation of the Levy Institute Measure of Economic Well-Being for the United States, 1959-2013

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  • Ajit Zacharias
  • Thomas N. Masterson
  • Fernando Rios-Avila

Abstract

This paper documents the sources of data used in the construction of the estimates of the Levy Institute Measure of Economic Wellbeing (LIMEW) for the years 1959, 1972, 1982, 1989, 1992, 1995, 2000, 2001, 2004, 2007, 2010, and 2013. It also documents the methods used to combine the various sources of data into the synthetic dataset used to produce each year's LIMEW estimates.

Suggested Citation

  • Ajit Zacharias & Thomas N. Masterson & Fernando Rios-Avila, 2018. "The Sources and Methods Used in the Creation of the Levy Institute Measure of Economic Well-Being for the United States, 1959-2013," Economics Working Paper Archive wp_912, Levy Economics Institute.
    • Handle: RePEc:lev:wrkpap:wp_912
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    References listed on IDEAS

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    1. H. Peter Gray, 1964. "Some Evidence On Two Implications Of Higher Interest‐Rates On Time Deposits," Journal of Finance, American Finance Association, vol. 19(1), pages 63-75, March.
    2. Jack M. Guttentag & Morris Beck, 1970. "Appendices to "New Series on Home Mortgage Yields Since 1951"," NBER Chapters, in: New Series on Home Mortgage Yields Since 1951, pages 189-350, National Bureau of Economic Research, Inc.
    3. Jack M. Guttentag & Morris Beck, 1970. "The New Series," NBER Chapters, in: New Series on Home Mortgage Yields Since 1951, pages 17-29, National Bureau of Economic Research, Inc.
    4. Edward N. Wolff & Ajit Zacharias, 2007. "The Distributional Consequences Of Government Spending And Taxation In The U.S., 1989 And 2000," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 53(4), pages 692-715, December.
    5. Edward N. Wolff & Ajit Zacharias & Thomas Masterson, 2009. "Long-Term Trends in the Levy Institute Measure of Economic Well-Being (LIMEW), United States, 1959-2004," Economics Working Paper Archive wp_556, Levy Economics Institute.
    6. Jack M. Guttentag & Morris Beck, 1970. "New Series on Home Mortgage Yields Since 1951," NBER Books, National Bureau of Economic Research, Inc, number gutt70-1, February.
    7. Fernando Rios-Avila, 2018. "Quality of Match for Statistical Matches Using the American Time Use Survey 2013, the Survey of Consumer Finances 2013, and the Annual Social and Economic Supplement 2014," Economics Working Paper Archive wp_914, Levy Economics Institute.
    8. Thomas Masterson, 2010. "Quality of Match for Statistical Matches Used in the 1992 and 2007 LIMEW Estimates for the United States," Economics Working Paper Archive wp_618, Levy Economics Institute.
    9. Fernando Rios-Avila, 2014. "Quality of Match for Statistical Matches Using the American Time Use Survey 2010, the Survey of Consumer Finances 2010, and the Annual Social and Economic Supplement 2011," Economics Working Paper Archive wp_798, Levy Economics Institute.
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    Cited by:

    1. Ajit Zacharias & Thomas Masterson & Fernando Rios-Avila, 2018. "Stagnating Economic Well-Being and Unrelenting Inequality: Post-2000 Trends in the United States," Economics Public Policy Brief Archive ppb_146, Levy Economics Institute.

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    More about this item

    Keywords

    Levy Institute Measure of Economic Wellbeing (LIMEW); Statistical Matching; Synthetic Datasets;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General

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