Using sparse categorical principal components to estimate asset indices: new methods with an application to rural Southeast Asia

Asset indices have been used since the late 1990s to measure wealth in developing countries. We extend the standard methodology for estimating asset indices using principal component analysis in two ways: by introducing constraints that force the indices to have increasing value as the number of ass...

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Bibliographic Details
Main Authors: Merola, Giovanni Maria, Baulch, Bob
Format: Journal Article
Language:Inglés
Published: John Wiley & Sons 2019
Subjects:
Online Access:https://hdl.handle.net/10568/146059

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