Marcel Das
| Date of Ph.D. defense: | January 23, 1998 |
| Title of thesis: | On Income Expectations and Other Subjective Data: A Micro- Econometric Analysis |
| ISBN: | 90 5668 034 X |
| Promotors: | Prof.dr. Ben Van der Genugten and Prof.dr. Arthur Van Soest |
Abstract:
This thesis focuses on subjective data, in particular, answers to questions on income growth
expectations. The emphasis is on the reliability and usefulness of subjective information.
The data are from the Socio-Economic Panel (SEP), which is administered by Statistics
Netherlands (CBS) and the VSB panel, which has been devised by researchers at CentER
for Economic Research at Tilburg University. Using the panel nature of the SEP,
expectations about income growth were compared with corresponding realizations. In
addition to the empirical analyses of income growth expectations and uncertainty about
future income, attention was paid to some methodological aspects of ordered categorical
data.
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