Estimating the Impacts of Program Benefits: Using Instrumental Variables with Underreported and Imputed Data
Estimating the Impacts of Program Benefits: Using Instrumental Variables with Underreported and Imputed Data
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DOI:
10.1162/rest_a_00769
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发表时间:
2015-06
影响因子:
8
通讯作者:
Melvin Stephens;T. Unayama
中科院分区:
文献类型:
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作者:
Melvin Stephens;T. Unayama
Abstract Survey nonresponse has risen in recent years, which has increased the share of imputed and underreported values found on commonly used data sets. While this trend has been well documented for earnings, the growth in nonresponse to government transfers questions has received far less attention. We demonstrate analytically that the underreporting and imputation of transfer benefits can lead to program impact estimates that are substantially overstated when using instrumental variables methods to correct for endogeneity or measurement error in benefit amounts. We document the importance of failing to account for these issues using two empirical examples.