Are Labor Market Indicators Telling The Truth Role Of Measurement Error In The Us Current Population Survey

Download Are Labor Market Indicators Telling The Truth Role Of Measurement Error In The Us Current Population Survey full books in PDF, epub, and Kindle. Read online Are Labor Market Indicators Telling The Truth Role Of Measurement Error In The Us Current Population Survey ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Are Labor Market Indicators Telling the Truth? Role of Measurement Error in the U.S. Current Population Survey

Author : Mr.Ippei Shibata
Publisher : International Monetary Fund
ISBN 13 : 1498301584
Total Pages : 40 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!

Book Synopsis Are Labor Market Indicators Telling the Truth? Role of Measurement Error in the U.S. Current Population Survey by : Mr.Ippei Shibata

Download or read book Are Labor Market Indicators Telling the Truth? Role of Measurement Error in the U.S. Current Population Survey written by Mr.Ippei Shibata and published by International Monetary Fund. This book was released on 2019-02-26 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor market indicators are critical for policymakers, but measurement error in labor force survey data is known to be substantial. In this paper, I quantify the implications of classification errors in the U.S. Current Population Survey (CPS), in which respondents misreport their true labor force status. Once I correct for measurement error using a latent variable approach, the unemployment rate is on average 0.8 percentage points (ppts) higher than the official unemployment rate, with a maximum of 2.0 ppts higher between 1996 and 2018. This paper further quantifies the contributions to business-cycle fluctuations in the unemployment rate from job separation, job finding, and participation. Correcting for misclassification changes previous studies' results about the contributions of these transition probabilities: job separation accounts for more of the unemployment fluctuations, while participation accounts for fewer. The methodology I propose can be applied to any other labor force survey in which labor force status is observed for three periods.

Are Labor Market Indicatos Telling the Truth?

Author : Ippei Shibata
Publisher :
ISBN 13 :
Total Pages : 35 pages
Book Rating : 4.:/5 (129 download)

DOWNLOAD NOW!

Book Synopsis Are Labor Market Indicatos Telling the Truth? by : Ippei Shibata

Download or read book Are Labor Market Indicatos Telling the Truth? written by Ippei Shibata and published by . This book was released on 2019 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor market indicators are critical for policymakers, but measurement error in labor force survey data is known to be substantial. In this paper, I quantify the implications of classification errors in the U.S. Current Population Survey (CPS), in which respondents misreport their true labor force status. Once I correct for measurement error using a latent variable approach, the unemployment rate is on average 0.8 percentage points (ppts) higher than the official unemployment rate, with a maximum of 2.0 ppts higher between 1996 and 2018. This paper further quantifies the contributions to businesscycle fluctuations in the unemployment rate from job separation, job finding, and participation. Correcting for misclassification changes previous studies' results about the contributions of these transition probabilities: job separation accounts for more of the unemployment fluctuations, while participation accounts for fewer. The methodology I propose can be applied to any other labor force survey in which labor force status is observed for three periods.

On the Inaccuracies of Economic Observations

Author : Peter A.G. van Bergeijk
Publisher : Edward Elgar Publishing
ISBN 13 : 1802207856
Total Pages : 229 pages
Book Rating : 4.8/5 (22 download)

DOWNLOAD NOW!

Book Synopsis On the Inaccuracies of Economic Observations by : Peter A.G. van Bergeijk

Download or read book On the Inaccuracies of Economic Observations written by Peter A.G. van Bergeijk and published by Edward Elgar Publishing. This book was released on 2024-06-05 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: This informative book reveals the pervasive nature of large inaccuracies in economic statistics. Drawing on numerous real-world examples including case studies from advanced and developing countries, Peter van Bergeijk presents profound insights into how downplaying these errors undermines the scientific rigour of economic analysis and outlines how to manage uncertainty in economic analysis moving forward.

Labor Statistics Measurement Issues

Author : John Haltiwanger
Publisher : University of Chicago Press
ISBN 13 : 0226314596
Total Pages : 494 pages
Book Rating : 4.2/5 (263 download)

DOWNLOAD NOW!

Book Synopsis Labor Statistics Measurement Issues by : John Haltiwanger

Download or read book Labor Statistics Measurement Issues written by John Haltiwanger and published by University of Chicago Press. This book was released on 2007-12-01 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rapidly changing technology, the globalization of markets, and the declining role of unions are just some of the factors that have led to dramatic changes in working conditions in the United States. Little attention has been paid to the difficult measurement problems underlying analysis of the labor market. Labor Statistics Measurement Issues helps to fill this gap by exploring key theoretical and practical issues in the measurement of employment, wages, and workplace practices. Some of the chapters in this volume explore the conceptual issues of what is needed, what is known, or what can be learned from existing data, and what needs have not been met by available data sources. Others make innovative uses of existing data to analyze these topics. Also included are papers examining how answers to important questions are affected by alternative measures used and how these can be reconciled. This important and useful book will find a large audience among labor economists and consumers of labor statistics.

Longitudinal Surveys and Labor Market Analysis

Author : Edward D. Kalachek
Publisher :
ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.3/5 (121 download)

DOWNLOAD NOW!

Book Synopsis Longitudinal Surveys and Labor Market Analysis by : Edward D. Kalachek

Download or read book Longitudinal Surveys and Labor Market Analysis written by Edward D. Kalachek and published by . This book was released on 1978 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Measurement Error in Cross-sectional and Longitudinal Labor Market Surveys

Author :
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (196 download)

DOWNLOAD NOW!

Book Synopsis Measurement Error in Cross-sectional and Longitudinal Labor Market Surveys by :

Download or read book Measurement Error in Cross-sectional and Longitudinal Labor Market Surveys written by and published by . This book was released on 1989 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reports evidence on the error properties of survey reports of labor market variables such as earnings and work hours. Our primary data source is the PSID Validation Study, a two-wave panel survey of a sample of workers employed by a large firm which also allowed us access to its very detailed records of its workers earnings. etc. The second data source uses individuals' 1977 and 1978 (March Current Population Survey) reports of earnings, matched to Social Security earnings records. In both data sets, individuals: reports of earnings are fairly accurately reported, and the errors are negatively related to true earnings. The latter property reduces the bias due to measurement error when earnings are used as an independent variable, but (unlike the classical-error case) leads to some bias when earnings are the dependent variable. Measurement-error-induced biases when change in earnings is the variable of interest are larger, but not dramatically so. Various measures of hourly earnings were much less reliable than annual earnings. Retrospective reports of unemployment showed considerable under-reporting, even of long spells.

Adjusting the Gross Changes Data

Author : James M. Poterba
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.3/5 (9 download)

DOWNLOAD NOW!

Book Synopsis Adjusting the Gross Changes Data by : James M. Poterba

Download or read book Adjusting the Gross Changes Data written by James M. Poterba and published by . This book was released on 1984 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a procedure for adjusting the Current Population Survey gross changes data for the effects of reporting errors. The corrected data suggest that the labor market is much less dynamic than has frequently been suggested. Conventional measures sy understate the duration of unemployment by as much as eighty percent and overstate the extent of movement into and out ofthe labor force by several hundred percent. The adjusted data also throw demographic differences in patterns of labor market dynamics into sharp relief.

Changing Structure of U.S. Labor Markets

Author : Michael Anthony Ash
Publisher :
ISBN 13 :
Total Pages : 358 pages
Book Rating : 4.:/5 (34 download)

DOWNLOAD NOW!

Book Synopsis Changing Structure of U.S. Labor Markets by : Michael Anthony Ash

Download or read book Changing Structure of U.S. Labor Markets written by Michael Anthony Ash and published by . This book was released on 1999 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Critical Look at the Measuring of Work

Author : Willard Wirtz
Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.3/5 (9 download)

DOWNLOAD NOW!

Book Synopsis A Critical Look at the Measuring of Work by : Willard Wirtz

Download or read book A Critical Look at the Measuring of Work written by Willard Wirtz and published by . This book was released on 1975 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Labor Market Adjustment

Author : Frank Bodmer
Publisher :
ISBN 13 :
Total Pages : 300 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!

Book Synopsis Labor Market Adjustment by : Frank Bodmer

Download or read book Labor Market Adjustment written by Frank Bodmer and published by . This book was released on 2000 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The State of Working America 2006/2007

Author : Lawrence R. Mishel
Publisher : Comstock Publishing Associates
ISBN 13 : 9780801445293
Total Pages : 448 pages
Book Rating : 4.4/5 (452 download)

DOWNLOAD NOW!

Book Synopsis The State of Working America 2006/2007 by : Lawrence R. Mishel

Download or read book The State of Working America 2006/2007 written by Lawrence R. Mishel and published by Comstock Publishing Associates. This book was released on 2007 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for previous editions of The State of Working America: "The State of Working America remains unrivaled as the most-trusted source for a comprehensive understanding of how working Americans and their families are faring in today's economy."--Robert B. Reich"It is the inequality of wealth, argue the authors, rather than new technology (as some would have it), that is responsible for the failure of America's workplace to keep pace with the country's economic growth. The State of Working America is a well-written, soundly argued, and important reference book."--Library Journal "If you want to know what happened to the economic well-being of the average American in the past decade or so, this is the book for you. It should be required reading for Americans of all political persuasions."--Richard Freeman, Harvard University "A truly comprehensive and useful book that provides a reality check on loose statements about U.S. labor markets. It should be cheered by all Americans who earn their living from work."--William Wolman, former chief economist, CNBC's Business Week "The State of Working America provides very valuable factual and analytic material on the economic conditions of American workers. It is the very best source of information on this important subject."--Ray Marshall, University of Texas, former U.S. Secretary of Labor"An indispensable work . . . on family income, wages, taxes, employment, and the distribution of wealth."--Simon Head, The New York Review of Books "No matter what political camp you're in, this is the single most valuable book I know of about the state of America, period. It is the most referenced, most influential resource book of its kind."--Jeff Madrick, author, The End of Affluence "This book is the single best yardstick for measuring whether or not our economic policies are doing enough to ensure that our economy can, once again, grow for everybody."--Richard A. Gephardt "The best place to review the latest developments in changes in the distribution of income and wealth."--Lester ThurowThe State of Working America, prepared biennially since 1988 by the Economic Policy Institute, includes a wide variety of data on family incomes, wages, taxes, unemployment, wealth, and poverty-data that enable the authors to closely examine the effect of the economy on the living standards of the American people.

Big Data for Twenty-First-Century Economic Statistics

Author : Katharine G. Abraham
Publisher : University of Chicago Press
ISBN 13 : 022680125X
Total Pages : 502 pages
Book Rating : 4.2/5 (268 download)

DOWNLOAD NOW!

Book Synopsis Big Data for Twenty-First-Century Economic Statistics by : Katharine G. Abraham

Download or read book Big Data for Twenty-First-Century Economic Statistics written by Katharine G. Abraham and published by University of Chicago Press. This book was released on 2022-03-11 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction.Big data for twenty-first-century economic statistics: the future is now /Katharine G. Abraham, Ron S. Jarmin, Brian C. Moyer, and Matthew D. Shapiro --Toward comprehensive use of big data in economic statistics.Reengineering key national economic indicators /Gabriel Ehrlich, John Haltiwanger, Ron S. Jarmin, David Johnson, and Matthew D. Shapiro ;Big data in the US consumer price index: experiences and plans /Crystal G. Konny, Brendan K. Williams, and David M. Friedman ;Improving retail trade data products using alternative data sources /Rebecca J. Hutchinson ;From transaction data to economic statistics: constructing real-time, high-frequency, geographic measures of consumer spending /Aditya Aladangady, Shifrah Aron-Dine, Wendy Dunn, Laura Feiveson, Paul Lengermann, and Claudia Sahm ;Improving the accuracy of economic measurement with multiple data sources: the case of payroll employment data /Tomaz Cajner, Leland D. Crane, Ryan A. Decker, Adrian Hamins-Puertolas, and Christopher Kurz --Uses of big data for classification.Transforming naturally occurring text data into economic statistics: the case of online job vacancy postings /Arthur Turrell, Bradley Speigner, Jyldyz Djumalieva, David Copple, and James Thurgood ;Automating response evaluation for franchising questions on the 2017 economic census /Joseph Staudt, Yifang Wei, Lisa Singh, Shawn Klimek, J. Bradford Jensen, and Andrew Baer ;Using public data to generate industrial classification codes /John Cuffe, Sudip Bhattacharjee, Ugochukwu Etudo, Justin C. Smith, Nevada Basdeo, Nathaniel Burbank, and Shawn R. Roberts --Uses of big data for sectoral measurement.Nowcasting the local economy: using Yelp data to measure economic activity /Edward L. Glaeser, Hyunjin Kim, and Michael Luca ;Unit values for import and export price indexes: a proof of concept /Don A. Fast and Susan E. Fleck ;Quantifying productivity growth in the delivery of important episodes of care within the Medicare program using insurance claims and administrative data /John A. Romley, Abe Dunn, Dana Goldman, and Neeraj Sood ;Valuing housing services in the era of big data: a user cost approach leveraging Zillow microdata /Marina Gindelsky, Jeremy G. Moulton, and Scott A. Wentland --Methodological challenges and advances.Off to the races: a comparison of machine learning and alternative data for predicting economic indicators /Jeffrey C. Chen, Abe Dunn, Kyle Hood, Alexander Driessen, and Andrea Batch ;A machine learning analysis of seasonal and cyclical sales in weekly scanner data /Rishab Guha and Serena Ng ;Estimating the benefits of new products /W. Erwin Diewert and Robert C. Feenstra.

Moving the Needle

Author : Katherine S. Newman
Publisher : Univ of California Press
ISBN 13 : 0520976533
Total Pages : 376 pages
Book Rating : 4.5/5 (29 download)

DOWNLOAD NOW!

Book Synopsis Moving the Needle by : Katherine S. Newman

Download or read book Moving the Needle written by Katherine S. Newman and published by Univ of California Press. This book was released on 2023-03-28 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely investigation reveals how sustained tight labor markets improve the job prospects and life chances of America’s most vulnerable households Most research on poverty focuses on the damage caused by persistent unemployment. But what happens when jobs are plentiful and workers are hard to come by? Moving the Needle examines how very low unemployment boosts wages at the bottom, improves benefits, lengthens job ladders, and pulls the unemployed into a booming job market. Drawing on over seventy years of quantitative data, as well as interviews with employers, jobseekers, and longtime residents of poor neighborhoods, Katherine S. Newman and Elisabeth S. Jacobs investigate the most durable positive consequences of tight labor markets. They also consider the downside of overheated economies that can ignite surging rents and spur outmigration. Moving the Needle is an urgent and original call to implement policies that will maintain the current momentum and prepare for potential slowdowns that may lie ahead

A Very Uneven Road

Author : Harry J. Holzer
Publisher :
ISBN 13 :
Total Pages : 51 pages
Book Rating : 4.:/5 (781 download)

DOWNLOAD NOW!

Book Synopsis A Very Uneven Road by : Harry J. Holzer

Download or read book A Very Uneven Road written by Harry J. Holzer and published by . This book was released on 2012 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Sociological Abstracts

Author : Leo P. Chall
Publisher :
ISBN 13 :
Total Pages : 976 pages
Book Rating : 4.X/5 (3 download)

DOWNLOAD NOW!

Book Synopsis Sociological Abstracts by : Leo P. Chall

Download or read book Sociological Abstracts written by Leo P. Chall and published by . This book was released on 1990 with total page 976 pages. Available in PDF, EPUB and Kindle. Book excerpt: CSA Sociological Abstracts abstracts and indexes the international literature in sociology and related disciplines in the social and behavioral sciences. The database provides abstracts of journal articles and citations to book reviews drawn from over 1,800+ serials publications, and also provides abstracts of books, book chapters, dissertations, and conference papers.

News in the Noise

Author : John Bound
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!

Book Synopsis News in the Noise by : John Bound

Download or read book News in the Noise written by John Bound and published by . This book was released on 1989 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Using Internal Current Population Survey Data to Reevaluate Trends in Labor Earnings Gaps by Gender, Race and Education Level

Author : Richard V. Burkhauser
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!

Book Synopsis Using Internal Current Population Survey Data to Reevaluate Trends in Labor Earnings Gaps by Gender, Race and Education Level by : Richard V. Burkhauser

Download or read book Using Internal Current Population Survey Data to Reevaluate Trends in Labor Earnings Gaps by Gender, Race and Education Level written by Richard V. Burkhauser and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most empirical studies of trends in labor earnings gaps by gender, race or education level are based on data from the public use March Current Population Survey (CPS). Using the internal March CPS, we show that inconsistent topcoding in the public use data will understate these gaps and inaccurately capture their trends. We create a cell mean series beginning in 1975 that provides the mean of all values above the topcode for each income source in the public use March CPS and better approximate earnings gaps found in the internal March CPS than was previously possible using publically available data.