What do survey data tell us about US businesses? / by Anmol Bhandari, Serdar Birinci, Ellen McGrattan and Kurt See.: FB3-5/2019-45E-PDF
"This paper examines the reliability of survey data on business incomes, valuations, and rates of return, which are key inputs for studies of wealth inequality and entrepreneurial choice. We compare survey responses of business owners with available data from administrative tax records, brokered private business sales, and publicly traded company filings and document problems due to nonrepresentative samples and measurement errors across all surveys, subsamples, and years. We find that the discrepancies are economically relevant for the statistics of interest. We investigate reasons for these discrepancies and propose corrections for future survey designs"--Abstract.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.882699&sl=0
| Department/Agency | Bank of Canada. |
|---|---|
| Title | What do survey data tell us about US businesses? / by Anmol Bhandari, Serdar Birinci, Ellen McGrattan and Kurt See. |
| Series title | Bank of Canada staff working paper, 1701-9397 ; 2019-45 |
| Publication type | Series - View Master Record |
| Language | [English] |
| Format | Electronic |
| Electronic document | |
| Note(s) | Includes bibliographical references. Includes abstract in French. |
| Publishing information | [Ottawa] : Bank of Canada = Banque du Canada, 2019. ©2019 |
| Author / Contributor | Bhandari, Anmol, author. |
| Description | 1 online resource (iv, 55 pages) : colour charts. |
| Catalogue number |
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| Subject terms | Business enterprises -- United States. Business cycles -- United States. Economic surveys -- United States. Entreprises -- États-Unis. Cycles économiques -- États-Unis. Enquêtes économiques -- États-Unis. |
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