TY - RPRT T1 - A Comparison of Subjective Expectations Elicitation Methods in the HRS, PSID, and SEE Y1 - 1996 A1 - Dominitz, Jeff KW - Expectations KW - Methodology AB - This paper examines subjective expectations data collected by three different (United States) national surveys which utilize varying methods of subjective probability elicitation. The results of the analysis contribute to the accumulating body of evidence that researchers who wish to obtain direct reports of an individual's expectations can and should elicit subjective probabilities rather than adopt more traditional survey methods for eliciting expectations. Using the Health and Retirement Study wave 2 survey data to build on previous findings validating the wave 1 expectations data, I find that reported expectations are stable over time, despite what appears to be a substantial change in the question format. Analysis of subjective probability data collected in the Panel Study of Income Dynamics and the Survey of Economic Expectations reveals that data quality may be further enhanced by revising the questions asked of survey respondents. PB - University of Michigan UR - http://www.psc.isr.umich.edu/pubs/series.html hr U4 - Subjective expectations/Elicitation methods ER -