Gomes, Pedro - In: IZA Journal of Labor Economics 4 (2015), pp. 1-10
aggregation. I estimate labour market transition rates using monthly and quarterly frequency CPS data. I apply a time-aggregation … correction to make them comparable. I find notable differences in terms of levels and volatilities. While the continuous time-aggregation … quarterly frequency. I argue that rates from surveys at different frequencies are not comparable, even if corrected for time …