The Validity of Consumption Data: Are the Consumer Expenditure Interview and Diary Surveys Informative?
---- Acknowledgements ----
The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research or the U.S. Census Bureau. We would like to thank Tom Crossley, Thesia Garner, Steve Henderson, Clinton McCully, William Passero, and Laura Paszkiewicz for their help, and participants at the CRIW/NBER Conference on Improving the Measurement of Consumer Expenditures for their comments. We also thank Kevin Rinz for research assistance.