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Enhancing the Quality of Data on Income and Wealth

Author

Listed:
  • Honggao Cao

    (University of Michigan)

  • Daniel H. Hill

    (University of Michigan)

  • Thomas Juster

    (University of Michigan)

  • Michael Perry

    (University of Michigan)

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.

Suggested Citation

  • Honggao Cao & Daniel H. Hill & Thomas Juster & Michael Perry, 2005. "Enhancing the Quality of Data on Income and Wealth," Working Papers wp101, University of Michigan, Michigan Retirement Research Center.
    • Handle: RePEc:mrr:papers:wp101
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    References listed on IDEAS

    as
    1. F. Thomas Juster & James P. Smith, 2004. "Improving the Quality of Economic Data: Lessons from the HRS and AHEAD," Labor and Demography 0402010, University Library of Munich, Germany.
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