Affiliations: [a] Assistant Professor, Graduate School of Public
Administration, Seoul National University, San 56-1 Shilim-dong, Gwanak-gu,
Seoul, Korea (South), Korea | [b] Research Scholar, Levy Economics Institute of Bard
College, Blithewood, Annandale-on-Hudson, NY, USA
Correspondence:
[*]
Corresponding author: Research Scholar, Levy
Economics Institute of Bard College, Blithewood, Annandale-on-Hudson, NY 12504,
USA. Tel.: +1 845 758 7715; Fax: +1 845 758 1149; E-mail:
masterso@levy.org
Abstract: This article considers the usefulness of statistical matching using propensity
scores in carrying out economic research. We include an application of the
procedure to a statistical match between the 2001 Survey of Consumer Finance
(SCF) and the 2002 Annual Demographic Supplement (ADS) of the Current Population
Survey (CPS) data sets to demonstrate the procedure and results of the matching.
Challenges facing the use of this technique such as the distribution of weights
are discussed in the conclusion.
Keywords: Statistical matching, Survey of Consumer Finances, Annual Demographic Supplement, distribution of income and wealth
