How to create wealth index in stata?
Date created: Sat, Apr 3, 2021 9:27 PM
Date created: Tue, Apr 6, 2021 2:06 PM
Building an Wealth Index Based on Asset Possession (Survey Data) 11 Mar 2015, 08:58. Dear Statalist members, I would be glad if you could help me out with this one. I am using (pooled) cross-country survey data on roughly 40k individuals across 18 Latin American countries (LAPOP surveys, Vanderbilt Univ.). I seek to build a variable measuring ...
Date created: Thu, Apr 8, 2021 3:17 AM
Hi, I am using the NIDS data set (South Africa household survey) and I would like to create a wealth index using asset ownership variables (which have Yes/No responses) water, sanitation and electricity access which have different levels of access each. I would like to know whether mca is the correct methodology to do this and what format the data ...
Date created: Sat, Apr 10, 2021 6:45 PM
This is a step by step guide to create index using PCA in STATA. I have used financial development variables to create index…For more videos please subsc...
Date created: Sat, Apr 10, 2021 9:31 PM
Steps. 1. pca variable1, variable2, variable3 (ensure all variables are binary coded 1 for yes (available) and 0 for No (absent)) 2. predict wealth_indexscore. 3. xtile wealth_index= wealth_index ...
Date created: Mon, Apr 12, 2021 9:11 AM
To create proper quintiles, add a weight variable with information on the number of household members to the -xtile- command. Friedrich On Wed, Sep 11, 2013 at 1:03 AM, Wei Yee
wrote: > Hi all, > > I am trying to compute a wealth index score and then categorized them > into quintiles.
Date created: Mon, Apr 12, 2021 1:14 PM
pca x1 x2 x3 x4 x5predict index1. the "index1" will consider only the first component, which is the idea behind a wealth index. The other components you are interested in could be used perhaps for a multidimensional index that captures different dimensions of wealth. HTH.
Date created: Wed, Apr 14, 2021 8:11 AM
For example, if the total number of household members is > 100, the distribution may look as follows: > > - Quintile 1: 30 persons > - Quintile 2: 25 persons > - Quintile 3: 20 persons > - Quintile 4: 15 persons > - Quintile 5: 10 persons > > Ideally, the quintiles should have 20 persons each, although this may > not be possible if there is insufficient variation in the wealth > scores. To create proper quintiles, add a weight variable with > information on the number of household members to ...
Date created: Fri, Apr 16, 2021 5:33 PM
This video shows how to use the generate command to create an additive index based on a group of variables. This is demonstrated using ten measures of confi...
Date created: Sat, Apr 17, 2021 12:50 AM
Standard statistical software can be used and in this instance, STATA (Version 8.1) was used. We divide this section into four parts to reflect the main steps in constructing a SES index: selection of asset variables; application of PCA; interpretation of results; and classification of households into socio-economic groups.
Date created: Sun, Apr 18, 2021 9:06 AM
5 wealth indices: 1. PCA: Include dummies for all categories 2. PCA: Exclude lowest SEP category dummy 3. PCA: Exclude lowest frequency dummy 4. PCA: Treat ordinal variables as continuous 5. MCA
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