| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6239 |
| DP6239 Understanding Index Option Returns | |
| Mikhail Chernov; Mark Broadie; Michael Johannes | |
| 发表日期 | 2007-05-03 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | Social surveys are often used to estimate unemployment duration distributions. Survey non-response may then cause a bias. We study this using a unique dataset that combines survey information of individual workers with administrative records of the same workers. The latter provide information on unemployment durations and personal characteristics of all survey respondents and non-respondents. We develop a method to empirically distinguish between two explanations for a bias in results based on only survey data: (1) selectivity due to related unobserved determinants of unemployment durations and non-response, and (2) a causal effect of a job exit on non-response. The latter may occur even in fully homogeneous populations. The methodology exploits variation in the timing of the duration outcome relative to the survey moment. The results show evidence for both explanations. We discuss implications for standard methods to deal with non-response bias. |
| 主题 | Labour Economics |
| 关键词 | Non-response bias Unemployment measurement Hazard rate Sample selection Event history |
| URL | https://cepr.org/publications/dp6239 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535111 |
| 推荐引用方式 GB/T 7714 | Mikhail Chernov,Mark Broadie,Michael Johannes. DP6239 Understanding Index Option Returns. 2007. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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