Hello there, I am graduate student working with income and cost data. I have collected primary data about income and medical expenditure using 'bracketed survey questions' (commonly used in HRS dataset). I am seeking help to understand the procedure to unfold the responses. There are two steps to the process:
1. Based on the selected covariates find a fit for all the data (with exact responses and missing responses) using linear regression.
2. For each missing value in closed brackets, find the observation that is closest in predicted value, among the observations that report an exact amount within that bracket.
I am comfortable performing the step 1 in Stata, yet not step 2.
Appreciate help or advice on this procedure.
Thank You
1. Based on the selected covariates find a fit for all the data (with exact responses and missing responses) using linear regression.
2. For each missing value in closed brackets, find the observation that is closest in predicted value, among the observations that report an exact amount within that bracket.
I am comfortable performing the step 1 in Stata, yet not step 2.
Appreciate help or advice on this procedure.
Thank You
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