Quantification of Qualitative Survey Data and Test of Consistent Expectations: A New Likelihood Approach
In this paper, we develop a likelihood approach for quantification of qualitative survey data on expectations and perceptions and we propose a new test for expectation consistency (unbiasedness). Our quantification scheme differs from existing methods primarily by using prior information (perhaps de...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Weitere Verfasser: | |
| Format: | Elektronisch Artikel |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2004
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | In this paper, we develop a likelihood approach for quantification of qualitative survey data on expectations and perceptions and we propose a new test for expectation consistency (unbiasedness). Our quantification scheme differs from existing methods primarily by using prior information (perhaps derived from economic theory or well established empirical relations) on the underlying process driving the variable of interest. To investigate the properties of our novel quantification scheme and to analyze the size and power properties of the new expectation consistency test, we perform Monte Carlo simulation studies. Overall, the simulation results are very encouraging and show that efficiency gains from including prior information can be substantial relative to existing quantification schemes. Finally, we provide an empirical illustration... |
| Beschreibung: | 1 Online-Ressource (22 p.) |
| DOI: | 10.1787/jbcma-v2004-art5-en |
Internformat
MARC
| LEADER | 00000caa a22000002 4500 | ||
|---|---|---|---|
| 001 | ZDB-13-SOC-061271799 | ||
| 003 | DE-627-1 | ||
| 005 | 20231204121350.0 | ||
| 007 | cr uuu---uuuuu | ||
| 008 | 210204s2004 xx |||||o 00| ||eng c | ||
| 024 | 7 | |a 10.1787/jbcma-v2004-art5-en |2 doi | |
| 035 | |a (DE-627-1)061271799 | ||
| 035 | |a (DE-599)KEP061271799 | ||
| 035 | |a (FR-PaOEC)jbcma-v2004-art5-en | ||
| 035 | |a (EBP)061271799 | ||
| 040 | |a DE-627 |b ger |c DE-627 |e rda | ||
| 041 | |a eng | ||
| 100 | 1 | |a Dahl, Christian M... |e VerfasserIn |4 aut | |
| 245 | 1 | 0 | |a Quantification of Qualitative Survey Data and Test of Consistent Expectations |b A New Likelihood Approach |c Christian M., Dahl and Lin, Xia |
| 264 | 1 | |a Paris |b OECD Publishing |c 2004 | |
| 300 | |a 1 Online-Ressource (22 p.) | ||
| 336 | |a Text |b txt |2 rdacontent | ||
| 337 | |a Computermedien |b c |2 rdamedia | ||
| 338 | |a Online-Ressource |b cr |2 rdacarrier | ||
| 520 | |a In this paper, we develop a likelihood approach for quantification of qualitative survey data on expectations and perceptions and we propose a new test for expectation consistency (unbiasedness). Our quantification scheme differs from existing methods primarily by using prior information (perhaps derived from economic theory or well established empirical relations) on the underlying process driving the variable of interest. To investigate the properties of our novel quantification scheme and to analyze the size and power properties of the new expectation consistency test, we perform Monte Carlo simulation studies. Overall, the simulation results are very encouraging and show that efficiency gains from including prior information can be substantial relative to existing quantification schemes. Finally, we provide an empirical illustration... | ||
| 650 | 4 | |a Economics | |
| 700 | 1 | |a Xia, Lin |e MitwirkendeR |4 ctb | |
| 773 | 0 | 8 | |i Enthalten in |t Journal of Business Cycle Measurement and Analysis |g Vol. 2004, no. 1, p. 71-92 |
| 773 | 1 | 8 | |g volume:2004 |g year:2004 |g number:1 |g pages:71-92 |
| 856 | 4 | 0 | |l FWS01 |p ZDB-13-SOC |q FWS_PDA_SOC |u https://doi.org/10.1787/jbcma-v2004-art5-en |3 Volltext |
| 912 | |a ZDB-13-SOC | ||
| 912 | |a ZDB-13-SOC-article | ||
| 912 | |a ZDB-13-SOC | ||
| 951 | |a AR | ||
| 912 | |a ZDB-13-SOC | ||
| 049 | |a DE-863 | ||
Datensatz im Suchindex
| DE-BY-FWS_katkey | ZDB-13-SOC-061271799 |
|---|---|
| _version_ | 1816797353631285248 |
| adam_text | |
| any_adam_object | |
| author | Dahl, Christian M.. |
| author2 | Xia, Lin |
| author2_role | ctb |
| author2_variant | l x lx |
| author_facet | Dahl, Christian M.. Xia, Lin |
| author_role | aut |
| author_sort | Dahl, Christian M.. |
| author_variant | c m d cm cmd |
| building | Verbundindex |
| bvnumber | localFWS |
| collection | ZDB-13-SOC ZDB-13-SOC-article |
| ctrlnum | (DE-627-1)061271799 (DE-599)KEP061271799 (FR-PaOEC)jbcma-v2004-art5-en (EBP)061271799 |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1787/jbcma-v2004-art5-en |
| format | Electronic Article |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02143caa a22003732 4500</leader><controlfield tag="001">ZDB-13-SOC-061271799</controlfield><controlfield tag="003">DE-627-1</controlfield><controlfield tag="005">20231204121350.0</controlfield><controlfield tag="007">cr uuu---uuuuu</controlfield><controlfield tag="008">210204s2004 xx |||||o 00| ||eng c</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/jbcma-v2004-art5-en</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-627-1)061271799</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)KEP061271799</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(FR-PaOEC)jbcma-v2004-art5-en</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(EBP)061271799</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-627</subfield><subfield code="b">ger</subfield><subfield code="c">DE-627</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1=" " ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Dahl, Christian M...</subfield><subfield code="e">VerfasserIn</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Quantification of Qualitative Survey Data and Test of Consistent Expectations</subfield><subfield code="b">A New Likelihood Approach</subfield><subfield code="c">Christian M., Dahl and Lin, Xia</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2004</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (22 p.)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">Text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">Computermedien</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">Online-Ressource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">In this paper, we develop a likelihood approach for quantification of qualitative survey data on expectations and perceptions and we propose a new test for expectation consistency (unbiasedness). Our quantification scheme differs from existing methods primarily by using prior information (perhaps derived from economic theory or well established empirical relations) on the underlying process driving the variable of interest. To investigate the properties of our novel quantification scheme and to analyze the size and power properties of the new expectation consistency test, we perform Monte Carlo simulation studies. Overall, the simulation results are very encouraging and show that efficiency gains from including prior information can be substantial relative to existing quantification schemes. Finally, we provide an empirical illustration...</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Economics</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Xia, Lin</subfield><subfield code="e">MitwirkendeR</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Enthalten in</subfield><subfield code="t">Journal of Business Cycle Measurement and Analysis</subfield><subfield code="g">Vol. 2004, no. 1, p. 71-92</subfield></datafield><datafield tag="773" ind1="1" ind2="8"><subfield code="g">volume:2004</subfield><subfield code="g">year:2004</subfield><subfield code="g">number:1</subfield><subfield code="g">pages:71-92</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="l">FWS01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="q">FWS_PDA_SOC</subfield><subfield code="u">https://doi.org/10.1787/jbcma-v2004-art5-en</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC-article</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="951" ind1=" " ind2=" "><subfield code="a">AR</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-863</subfield></datafield></record></collection> |
| id | ZDB-13-SOC-061271799 |
| illustrated | Not Illustrated |
| indexdate | 2024-11-26T14:56:14Z |
| institution | BVB |
| language | English |
| open_access_boolean | |
| owner | DE-863 DE-BY-FWS |
| owner_facet | DE-863 DE-BY-FWS |
| physical | 1 Online-Ressource (22 p.) |
| psigel | ZDB-13-SOC ZDB-13-SOC-article |
| publishDate | 2004 |
| publishDateSearch | 2004 |
| publishDateSort | 2004 |
| publisher | OECD Publishing |
| record_format | marc |
| spelling | Dahl, Christian M... VerfasserIn aut Quantification of Qualitative Survey Data and Test of Consistent Expectations A New Likelihood Approach Christian M., Dahl and Lin, Xia Paris OECD Publishing 2004 1 Online-Ressource (22 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier In this paper, we develop a likelihood approach for quantification of qualitative survey data on expectations and perceptions and we propose a new test for expectation consistency (unbiasedness). Our quantification scheme differs from existing methods primarily by using prior information (perhaps derived from economic theory or well established empirical relations) on the underlying process driving the variable of interest. To investigate the properties of our novel quantification scheme and to analyze the size and power properties of the new expectation consistency test, we perform Monte Carlo simulation studies. Overall, the simulation results are very encouraging and show that efficiency gains from including prior information can be substantial relative to existing quantification schemes. Finally, we provide an empirical illustration... Economics Xia, Lin MitwirkendeR ctb Enthalten in Journal of Business Cycle Measurement and Analysis Vol. 2004, no. 1, p. 71-92 volume:2004 year:2004 number:1 pages:71-92 FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/jbcma-v2004-art5-en Volltext |
| spellingShingle | Dahl, Christian M.. Quantification of Qualitative Survey Data and Test of Consistent Expectations A New Likelihood Approach Economics |
| title | Quantification of Qualitative Survey Data and Test of Consistent Expectations A New Likelihood Approach |
| title_auth | Quantification of Qualitative Survey Data and Test of Consistent Expectations A New Likelihood Approach |
| title_exact_search | Quantification of Qualitative Survey Data and Test of Consistent Expectations A New Likelihood Approach |
| title_full | Quantification of Qualitative Survey Data and Test of Consistent Expectations A New Likelihood Approach Christian M., Dahl and Lin, Xia |
| title_fullStr | Quantification of Qualitative Survey Data and Test of Consistent Expectations A New Likelihood Approach Christian M., Dahl and Lin, Xia |
| title_full_unstemmed | Quantification of Qualitative Survey Data and Test of Consistent Expectations A New Likelihood Approach Christian M., Dahl and Lin, Xia |
| title_short | Quantification of Qualitative Survey Data and Test of Consistent Expectations |
| title_sort | quantification of qualitative survey data and test of consistent expectations a new likelihood approach |
| title_sub | A New Likelihood Approach |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/jbcma-v2004-art5-en |
| work_keys_str_mv | AT dahlchristianm quantificationofqualitativesurveydataandtestofconsistentexpectationsanewlikelihoodapproach AT xialin quantificationofqualitativesurveydataandtestofconsistentexpectationsanewlikelihoodapproach |