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Activity Number:
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574
- Survey and Administrative Data Linkage in a European Survey of Wealth
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Type:
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Topic Contributed
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Date/Time:
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Thursday, August 6, 2020 : 3:00 PM to 4:50 PM
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Sponsor:
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Survey Research Methods Section
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Abstract #309801
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Title:
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Modifying the Sampling Design of the Panel on Household Finances in Wave 4: Aims and Challenges
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Author(s):
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Panagiota Tzamourani* and Rene Bernard and Tobias Schmidt
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Companies:
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Deutsche Bundesbank and Deutsche Bundesbank and Deutsche Bundesbank
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Keywords:
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Panel on Household Finances;
sampling design;
oversampling;
wealth distribution
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Abstract:
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The sampling design of the Panel on Household Finances (PHF) aims to provide representative statistics of the distribution of household wealth in Germany. In order to capture adequately the whole range of wealth distribution and also deliver information on assets held by a smaller percentage of wealthy households, the sampling design of the first three waves employed stratification based on estimated household wealth and oversampling of wealthy households. In 2020, a modified design has been introduced with the aim of strengthening regional representation while ensuring an overrepresentation of the wealthy in the final sample. The new design features (a) explicit stratification by federal state and (b) oversampling of eastern Germany rather than wealthy areas, while maintaining the existing stratification based on household wealth. Simulations based on samples drawn from the sample of the wave conducted in 2017 verify that overrepresentation of the wealthy in the final sample can most likely be maintained under the new sampling scheme.
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Authors who are presenting talks have a * after their name.
