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Inconsistent censoring in the public-use March CPS limits its usefulness in measuring labor earnings trends, as previous approaches for imputing topcoded earnings systematically understate top earnings. Using Pareto estimation methods with less-censored internal data, we create an enhanced...
Persistent link: https://www.econbiz.de/10012458817
Inconsistent censoring in the public-use March Current Population Survey (CPS) limits its usefulness in measuring labor earnings trends. Using Pareto estimation methods with less-censored internal CPS data, we create an enhanced cell-mean series to capture top earnings in the public-use CPS. We...
Persistent link: https://www.econbiz.de/10014146635
Inconsistent censoring in the public-use March CPS limits its usefulness in measuring labor earnings trends, as previous approaches for imputing topcoded earnings systematically understate top earnings. Using Pareto estimation methods with less-censored internal data, we create an enhanced...
Persistent link: https://www.econbiz.de/10013060275
The March Current Population Survey (CPS) is the primary data source for estimation oflevels and trends in labor earnings and income inequality in the USA. Time-inconsistencyproblems related to top coding in theses data have led many researchers to use the ratio ofthe 90th and 10th percentiles...
Persistent link: https://www.econbiz.de/10005862788
This paper develops dynamic structural models - an option value model and a dynamic programming model - of the Social Security Disability Insurance (SSDI) application timing decision. We estimate the time to application from the point at which a health condition first begins to affect the kind...
Persistent link: https://www.econbiz.de/10010261643
This paper analyzes the importance of policy variables in the context of Social Security Disability Insurance (SSDI) application timing decision. Previously, we explicitly modeled the optimal timing of SSDI application using dynamic structural models. We estimated these models using data from...
Persistent link: https://www.econbiz.de/10010261644