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Conference on Improving the Measurement of Consumer Expenditures |
sponsored by Conference on Research in Income and Wealth
and the National Bureau of Economic Research, with support from the Centre
for Microdata Methods and Practice |
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December 2-3, 2011 |
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Grand Hyatt Washington |
1000 H Street, NW |
Washington, DC |
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Christopher Carroll, Thomas Crossley,
and John Sabelhaus, Organizers |
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PROGRAM |
Friday, December 2 |
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8:30 am |
Registration and Continental Breakfast |
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Session One: Weighting the Consumer Price Index |
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Session Organizer: John Sabelhaus, Federal Reserve Board and University of Maryland |
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Session Chair: Brent Moulton,
Bureau of Economic Analysis |
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9:00 am |
The Devil's
in the Details - A Concordance for the CE, CPI, and PCE |
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Caitlin Blair, Bureau of Labor
Statistics |
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Rob Cage, Bureau of Labor
Statistics |
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Thesia Garner, Bureau of Labor Statistics |
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Clinton McCully,
Bureau of Economic Analysis |
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William Passero,
Bureau of Labor Statistics |
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Consumer
Price Index Requirements of the Consumer Expenditure Surveys |
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William Casey, Bureau of Labor
Statistics |
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Sara Stanley, Bureau of Labor Statistics |
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Caitlin Blair, Bureau of Labor Statistics SLIDES |
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10:45 am |
Break |
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Session Two: Measuring the Accuracy of Household Survey Data |
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Session Organizers: John Sabelhaus, Federal Reserve Board and University of
Maryland |
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Christopher Carroll, Johns Hopkins University |
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Session Chair: Erik Hurst,
University of Chicago and NBER |
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11:00 am |
Micro and
Macro Validation of the Consumer Expenditure Survey |
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Adam Bee, U.S. Census Bureau |
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Bruce Meyer, University of
Chicago and NBER |
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James Sullivan, University of Notre Dame |
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Examples
of Combining Administrative Records and Survey Data in Validation Studies |
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Claus
Thustrup Kreiner, University
of Copenhagen |
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David
Dreyer Lassen, University of Copenhagen |
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Soren Leth-Petersen, University of Copenhagen |
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Ralph Koijen,
University of Chicago and NBER |
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Stijn Van Nieuwerburgh, New York
University and NBER |
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Roine Vestman, Institute for
Financial Research (SIFR) |
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12:45 pm |
Lunch |
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1:45 pm |
CRIW Membership Meeting |
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Session Three: Consumption Survey Techniques, Part 1 |
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Session Organizer: Thomas Crossley, Koc University, IFS, and University of Cambridge |
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Session Chair: Mario Padula,
University "Ca' Foscari" of Venice |
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2:15 pm |
A
Comparison of Micro and Macro Expenditure Measures across Countries using
Differing Survey Methods |
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Garry Barrett, University of
Sydney |
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Peter Levell,
IFS |
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Kevin Milligan, University of
British Columbia |
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Thomas Crossley,
Koc University, IFS, and University of Cambridge |
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Joachim Winter, Ludwig-Maximilian
University Munich |
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Michael Hurd,
RAND Corporation and NBER |
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Susann Rohwedder, RAND Corporation |
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4:00 pm |
Break |
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Session Four: Alternative Data Collection Strategies |
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Session Organizer: Christopher Carroll, Johns Hopkins University |
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Session Chair: Sumit Agarwal, Federal Reserve
Bank of Chicago |
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4:15 pm |
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Christopher Carroll, Johns
Hopkins University |
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Michael Palumbo, Federal Reserve Board |
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The
Potential Use of In-Home Scanner Technology for Budget Surveys |
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Andrew Leicester, IFS |
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High-Frequency Data on Total Household Spending:
Evidence from Monthly ALP Surveys |
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Michael Hurd,
RAND Corporation and NBER |
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Susann Rohwedder, RAND Corporation |
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6:15 pm |
Adjourn |
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Saturday, December 3 |
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8:30 am |
Continental Breakfast |
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Session Five: Consumption Survey Techniques, Part 2 |
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Session Organizer: Thomas Crossley, Koc University, IFS, and University of Cambridge |
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Session Chair: Barry
Bosworth, Brookings Institution |
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9:00 am |
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Scott Fricker,
Bureau of Labor Statistics SLIDES |
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Brandon Kopp, Bureau of Labor Statistics |
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Nhien To, Bureau of Labor Statistics |
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Marco Angrisani,
RAND Corporation |
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Arie Kapteyn, RAND Corporation |
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Is the Consumer
Expenditure Survey Representative by Income? |
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Stephen Ash, U.S. Census
Bureau
SLIDES |
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Thesia Garner, Bureau of Labor Statistics |
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John Greenlees,
Bureau of Labor Statistics |
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Steve Henderson, Bureau of Labor
Statistics |
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David Johnson, U.S. Census
Bureau |
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John Sabelhaus,
Federal Reserve Board and University of Maryland |
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David Swanson, Bureau of Labor
Statistics |
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10:45 am |
Break |
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Session Six: Interaction Between Core CE Goals and Fundamental Research Questions |
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Session Organizer: Christopher Carroll, Johns Hopkins University |
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Session Chair: Karen Dynan, Brookings Institution |
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11:00 am |
Why Panel Data is Indispensable for
Accurate Measurement of Consumption Expenditures |
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Jonathan Parker, Northwestern University and NBER |
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Nicholas Souleles, University of
Pennsylvania and NBER |
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Christopher Carroll, Johns Hopkins University |
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Measuring the Evolution of Inequality and Poverty with the
Consumer Expenditure Survey and Alternative Data Sources |
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Orazio Attanasio, University College London and NBER |
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Erik Hurst, University of Chicago and NBER |
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Luigi Pistaferri, Stanford University |
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Using the CE to Model Household
Demand |
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Laura Blow, IFS |
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Valerie Lechene,
UCL and IFS |
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Peter Levell, IFS |
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1:00 pm |
Lunch and Panel Discussion: What Should Consumer Expenditure Surveys Do, And What Shouldn't They Do? |
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Angus Deaton, Princeton University and NBER |
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Steven Landefeld, Director of the Bureau of Economic Analysis |
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Melvin Stephens, University of Michigan and NBER |
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Guglielmo Weber, University of
Padua |
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3:00 pm |
Adjourn |
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Format: Each paper's presenter will have 25
minutes. The chair/discussant will
have 15 minutes. The remaining
time will be for questions and comments from the floor. |
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