Review of Economic Studies Vol. 69 No. 2 2002
Welfare Measurement and Measurement Error
open access
Abstract
Theapproximatee®ectsofmeasurementerroronavarietyof measures ofinequality and poverty are derived. They are shown to depend on themeasurementerrorvarianceandfunctionalsoftheerrorcontaminatedincome distribution. Sincethesefunctionalscanbeestimateditispossibletoinvestigate the sensitivity ofwelfare measures to alternative amounts ofmeasurementerror and,whenanestimateofthemeasurementerrorvarianceisavailable,tocalculate corrected welfare measures. The methods are illustrated in an application using Indonesianhouseholdexpendituredata. Key W ords:inequalitymeasurement,povertyindices,measurementerror.
- DOI
- 10.1111/1467-937x.00209
- Volume
- 69
- Issue
- 2
- Pages
- 357-378
- Language
- en
- Sources
- bibtex:phds-export.bib crossref openalex