New Algorithm to Estimate Inequality Measures in Cross-Survey Imputation: An Attempt to Correct the Underestimation of Extreme Values
This paper contributes to the debate on ways to improve the calculation of inequality measures in developing countries experiencing severe budget constraints. Linear regression-based survey-to-survey imputation techniques are most frequently discussed in the literature. These are effective at estima...
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| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2022
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper contributes to the debate on ways to improve the calculation of inequality measures in developing countries experiencing severe budget constraints. Linear regression-based survey-to-survey imputation techniques are most frequently discussed in the literature. These are effective at estimating predictions of poverty indicators but are much less accurate with inequality indicators. To demonstrate this limited accuracy, the first part of the paper discusses several simulations using Moroccan Household Budget Surveys and Labor Force Surveys. The paper proposes a method for overcoming these limitations based on an algorithm that minimizes the sum of the squared difference between a certain number of direct estimates of an index and its empirical version obtained from the predicted values. Indeed, when comparing the estimated results with those directly estimated from the original sample, the bias is negligible. Furthermore, the inequality indices for the years for which there are only model estimates, rather than direct information on expenditures, seem to be consistent with Moroccan economic trends |
| Beschreibung: | 1 Online-Ressource (24 Seiten) |
| DOI: | 10.1596/1813-9450-10013 |
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| 245 | 1 | 0 | |a New Algorithm to Estimate Inequality Measures in Cross-Survey Imputation |b An Attempt to Correct the Underestimation of Extreme Values |c Gianni Betti |
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| 520 | 3 | |a This paper contributes to the debate on ways to improve the calculation of inequality measures in developing countries experiencing severe budget constraints. Linear regression-based survey-to-survey imputation techniques are most frequently discussed in the literature. These are effective at estimating predictions of poverty indicators but are much less accurate with inequality indicators. To demonstrate this limited accuracy, the first part of the paper discusses several simulations using Moroccan Household Budget Surveys and Labor Force Surveys. The paper proposes a method for overcoming these limitations based on an algorithm that minimizes the sum of the squared difference between a certain number of direct estimates of an index and its empirical version obtained from the predicted values. Indeed, when comparing the estimated results with those directly estimated from the original sample, the bias is negligible. Furthermore, the inequality indices for the years for which there are only model estimates, rather than direct information on expenditures, seem to be consistent with Moroccan economic trends | |
| 650 | 4 | |a Bias Reduction | |
| 650 | 4 | |a Household Survey | |
| 650 | 4 | |a Inequality | |
| 650 | 4 | |a Inequality Indicators | |
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| 650 | 4 | |a Poverty and Inequality | |
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| 650 | 4 | |a Poverty Monitoring and Analysis | |
| 650 | 4 | |a Poverty Reduction | |
| 650 | 4 | |a Poverty Statistics | |
| 650 | 4 | |a Poverty Trends | |
| 650 | 4 | |a Survey-To-Survey Imputation | |
| 700 | 1 | |a Molini, Vasco |e Sonstige |4 oth | |
| 700 | 1 | |a Mori, Lorenzo |e Sonstige |4 oth | |
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| discipline | Wirtschaftswissenschaften |
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| doi_str_mv | 10.1596/1813-9450-10013 |
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| id | DE-604.BV049080387 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T22:27:57Z |
| indexdate | 2024-10-12T04:02:56Z |
| institution | BVB |
| language | English |
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| spellingShingle | Betti, Gianni New Algorithm to Estimate Inequality Measures in Cross-Survey Imputation An Attempt to Correct the Underestimation of Extreme Values Bias Reduction Household Survey Inequality Inequality Indicators Moroccan HBS Moroccan LFS Poverty and Inequality Poverty Assessment Poverty Estimation Poverty Indicators Poverty Map Poverty Monitoring and Analysis Poverty Reduction Poverty Statistics Poverty Trends Survey-To-Survey Imputation |
| title | New Algorithm to Estimate Inequality Measures in Cross-Survey Imputation An Attempt to Correct the Underestimation of Extreme Values |
| title_auth | New Algorithm to Estimate Inequality Measures in Cross-Survey Imputation An Attempt to Correct the Underestimation of Extreme Values |
| title_exact_search | New Algorithm to Estimate Inequality Measures in Cross-Survey Imputation An Attempt to Correct the Underestimation of Extreme Values |
| title_exact_search_txtP | New Algorithm to Estimate Inequality Measures in Cross-Survey Imputation An Attempt to Correct the Underestimation of Extreme Values |
| title_full | New Algorithm to Estimate Inequality Measures in Cross-Survey Imputation An Attempt to Correct the Underestimation of Extreme Values Gianni Betti |
| title_fullStr | New Algorithm to Estimate Inequality Measures in Cross-Survey Imputation An Attempt to Correct the Underestimation of Extreme Values Gianni Betti |
| title_full_unstemmed | New Algorithm to Estimate Inequality Measures in Cross-Survey Imputation An Attempt to Correct the Underestimation of Extreme Values Gianni Betti |
| title_short | New Algorithm to Estimate Inequality Measures in Cross-Survey Imputation |
| title_sort | new algorithm to estimate inequality measures in cross survey imputation an attempt to correct the underestimation of extreme values |
| title_sub | An Attempt to Correct the Underestimation of Extreme Values |
| topic | Bias Reduction Household Survey Inequality Inequality Indicators Moroccan HBS Moroccan LFS Poverty and Inequality Poverty Assessment Poverty Estimation Poverty Indicators Poverty Map Poverty Monitoring and Analysis Poverty Reduction Poverty Statistics Poverty Trends Survey-To-Survey Imputation |
| topic_facet | Bias Reduction Household Survey Inequality Inequality Indicators Moroccan HBS Moroccan LFS Poverty and Inequality Poverty Assessment Poverty Estimation Poverty Indicators Poverty Map Poverty Monitoring and Analysis Poverty Reduction Poverty Statistics Poverty Trends Survey-To-Survey Imputation |
| url | https://doi.org/10.1596/1813-9450-10013 |
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