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Abstract Details
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Activity Number:
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471
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Type:
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Contributed
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Date/Time:
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Wednesday, August 3, 2011 : 8:30 AM to 10:20 AM
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Sponsor:
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Section on Survey Research Methods
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| Abstract - #300744 |
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Title:
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Look Again: Editing and Imputation of SCF Panel Data
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Author(s):
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Arthur B. Kennickell*+
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Companies:
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Federal Reserve Board
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Address:
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Mail Stop 153, Washington, DC, 20551,
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Keywords:
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Editing ;
Imputation ;
Panel data
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Abstract:
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In 2009, a re-interview with participants in the 2007 Survey of Consunmer Finances (SCF) was undertaken to provide information on the effects of the financial crisis on households. The panel questionnaire was designed to maximize comparability with the earlier data. The subject matter of the survey, wealth and related issues, is often considered sensitive or conceptually difficult. Consequently, editing and imputation of the data are very important considerations. Although the baseline data had already been edited and imputed cross-sectionally, they were re-edited along with the new panel data. Similarly, the data for both waves of the survey were imputed jointly. This paper has two goals: to examine the importance of the re-editing of the baseline data and to gauge the effects of the joint imputation of data from the two waves.
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