Development of a temporally harmonized asset index: evidence from across 50 years of follow up of a birth cohort in Guatemala.

ABSTRACT:

Background

Asset-based indices are widely-used proxy measures of wealth in low and middle-income countries (LMIC). The stability of these indices within households over time is not known.

Methods

We develop a harmonized household asset index using Principal Component Analysis for the participants (n = 2392) of INCAP Longitudinal Study, Guatemala using data from six waves of follow-up over the period of 1965-2018. We estimate its cross-sectional association with parental schooling (in 1967-75) and attained schooling (in 2015-18) of cohort members. We study how patterns of cross-sectional loadings change over time and between urban-rural settings. We assess its robustness to omission of assets or study waves and alternate specifications of factor extraction procedure (explorat

SUBMITTER: Varghese JS 

PROVIDER: S-EPMC8074514 | biostudies-literature | 2021 Apr

REPOSITORIES: biostudies-literature