How Many Brackets Should We Ask for to Derive Adequate Metric Information for Income and Wealth?

This paper investigates how the number of brackets and the choice of upper cutoffs in grouped data affect the metric approximation of income and wealth. The literature currently lacks a definition of what should be considered too few brackets or too-low cut-offs. Using German survey data, we show t...

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Bibliographic Details
Main Authors: Maximilian Longmuir, Markus Grabka
Format: Article
Language:English
Published: European Survey Research Association 2024-12-01
Series:Survey Research Methods
Subjects:
Online Access:https://ojs.ub.uni-konstanz.de/srm/article/view/8187
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