The construction of U.S. consumption data: some facts and their implications for empirical work.
To highlight data flaws that may affect the outcome of empirical work, a paper examined the sources and methods used to construct aggregate data on U.S. consumer spending. Two flaws are identified: sampling error and compositional error. Sampling error reflects the fact that monthly retail sales...
| Published in: | American Economic Review Vol. 82; pp. 922 - 942 |
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| Format: | Article |
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American Economic Association
September 1992
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |