Tutorial in Research Project Design
Tutorial in Research Project Design ECON 590
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This 9 page Class Notes was uploaded by April Jerde on Thursday September 17, 2015. The Class Notes belongs to ECON 590 at University of Wisconsin - Madison taught by Kenneth West in Fall. Since its upload, it has received 35 views. For similar materials see /class/205138/econ-590-university-of-wisconsin-madison in Economcs at University of Wisconsin - Madison.
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Date Created: 09/17/15
Example of paper based on data collected by UW Survey Lab Perceptions of Economic Insecurity Evidence om the Survey of Economic Expectations Jeff Dominitz and Charles F Manski Public Opinion Quarterly 1997 261287 1 Topic 11 Speci cation of framework and tabulation of responses III Interpretation of responses IV Discussion of results 1 Topic Economic and methodological oEconomic insecurity How likely do people perceive job loss loss of health insurance house burglary Are certain groups of people old young black White rate such events as especially likely to occur Methodological can people meaningfully give probabilistic answers to survey questions give percent chance of job loss rather than job loss is very likely fairly likely not too likely not at all likely II Speci cation of amework The UW Survey Center regularly contacts households across the continental US A set of questions on economic insecurity was included in some interviews conducted by the Center in 1994 and 1995 questions about demographics income labor market experience also asked Response rates About half of people contacted agreed to be interviewed About 75 of those that agreed to be interviewed were in the labor force and gave valid responses to the questions about economic insecurity useable answers from about 2000 households Table l Three questions about economic insecurity over the coming year What is the percent chance of no health insurance Victim of burglary lose your job Table 2 range of answers bunching at 50 and at multiples of 05 III Interpretation of responses De ne relatively secure people as those whose answers all lie below median responses relatively insecure people as those whose answers all lie above the median response very insecure people as those whose answers all lie above the 75 quantile of responses this is a subset of the relatively insecure people intermediate is everyone else Table 4 About 1 out of every 6 person is relatively secure or relatively insecure versus 1 out of 10 approximately if answers to the three questions were independent The remainder about 2 out of 3 are intermediate In various demographic groups males and females are similar blacks more insecure than White younger people more insecure than older people IV Discussion of results Are the reported probabilities meaningful Respondents were also asked whether they had health insurance coverage job loss or burglary not in a follow up interview but in the initial interview Can compare answers from later 1995 sets of interviewees with subjective probabilities elicited om earlier 1994 sets Table 6 eXpectations and realizations very close for health insurance and job loss very far apart for burglary actual burglaries far below expected Seems that for health insurance and job loss the survey answers are meaningful Future research link between survey responses and actual behavior
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