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100 _aBhandari, Anmol et al
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245 _aWhat do survey data tell us about us businesses?
260 _aThe American Economic Review: Insights
300 _a2(4), Dec, 2020: p.443-458
520 _aThis 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 several 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. – Reproduced
650 _aMethodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access, Survey Methods; Sampling Methods
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773 _aThe American Economic Review: Insights
906 _aSURVEY METHODS
942 _cAR