Showing 1 - 10 of 593
Many discussions following the 2007/08 food price crisis have revolved around the magnitude of the negative impacts that it may have had on food security worldwide. Analysts have been asked to provide timely assessments, often based on partial data and information. The variety of opinions and...
Persistent link: https://www.econbiz.de/10012459800
In this paper, we use a variety of different techniques to overcome the measurement error problems with the CE. First …, we use data from the diary component of the CE, focusing on categories where measurement error has been found to be less … component that is considered to be measured well. Third, we try to account directly for the non-classical measurement error of …
Persistent link: https://www.econbiz.de/10012460677
Using the Census Bureau's internal March Current Population Surveys (CPS) file, we construct and make available variances and cell means for all topcoded income values in the public-use version of these data. We then provide a procedure that allows researchers with access only to the public-use...
Persistent link: https://www.econbiz.de/10012464189
Using internal and public use March Current Population Survey (CPS) data, we analyze trends in US income inequality (1975-2004). We find that the upward trend in income inequality prior to 1993 significantly slowed thereafter once we control for top coding in the public use data and censoring in...
Persistent link: https://www.econbiz.de/10012464400
Statistical offices try to match item models when measuring inflation between two periods. However, for product areas with a high turnover of differentiated models, the use of hedonic indexes is more appropriate since they include the prices and quantities of unmatched new and old models. The...
Persistent link: https://www.econbiz.de/10012464628
Using the internal March CPS, we create and in this paper distribute to the larger research community a cell mean series that provides the mean of all income values above the topcode for any income source of any individual in the public use March CPS that has been topcoded since 1976. We also...
Persistent link: https://www.econbiz.de/10012464708
We combine information from several different studies and data sets to assemble a fuller, more accurate picture of job flows and worker flows in U.S. labor markets. Our picture characterizes the magnitudes of job and worker flows, the connections between them, their cyclical behavior,...
Persistent link: https://www.econbiz.de/10012473753
-time measurement of the labor market. The sources are the Current Employment Statistics (CES) from BLS and microdata from the payroll …-sized samples. We argue that combining CES and ADP data series reduces the measurement error inherent in both data sources. In …
Persistent link: https://www.econbiz.de/10012479981
We provide a method to measure welfare, in money-metric terms, taking into account expectations about the future. Our two key assumptions are that (1) the expenditure function is separable between the present and the future, and (2) there are some households that do not face idiosyncratic...
Persistent link: https://www.econbiz.de/10014576596
This paper studies U.S. banks' exposure to interest rate and credit risk. We exploit the factor structure in interest rates to represent many bank positions in terms of simple factor portfolios. This approach delivers time varying measures of exposure that are comparable across banks as well as...
Persistent link: https://www.econbiz.de/10012457333