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Support #1291

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Measurement error in savings data

Added by Mihai Codreanu about 5 years ago. Updated over 1 year ago.

Status:
Resolved
Priority:
Normal
Assignee:
-
Category:
Income
Start date:
12/10/2019
% Done:

100%


Description

Hi,

I am currently working with the savings data in USoc (save, saved, svamt etc.) and the savdocs variable shows that very few (less than 10%) actually have shown to the interviewer any documents on their savings. I was wondering if there is any systematic information on how the distributions given by the variables is compared to real data on savings or more focused wealth-assets surveys (such as WAS). And, secondly if anything has been done to deal with it.

Thanks!

Actions #1

Updated by Stephanie Auty about 5 years ago

  • Category set to Data analysis
  • Status changed from New to Feedback
  • Assignee set to Mihai Codreanu
  • % Done changed from 0 to 70
  • Private changed from Yes to No

Dear Mihai,

As this question was only asked of those who have savings accounts, in Wave 8 13% of respondents providing a valid response checked relevant documents. As the variables you mention are not derived variables, they have not been edited and are as reported by the respondent.

For previous research using our data, you could search the website for relevant key words, or for discussion of analysis you could join our jiscmail list by emailing

Best wishes,
Stephanie

Actions #2

Updated by Understanding Society User Support Team over 2 years ago

  • Status changed from Feedback to Resolved
  • Assignee deleted (Mihai Codreanu)
  • % Done changed from 70 to 100
Actions #3

Updated by Understanding Society User Support Team over 1 year ago

  • Category changed from Data analysis to Income
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