全球智库信息集成服务系统(G2TT): Measuring Labor-Force Participation and the Incidence and Duration of Unemployment

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w27394
来源ID	Working Paper 27394
	Measuring Labor-Force Participation and the Incidence and Duration of Unemployment
	Hie Joo Ahn; James D. Hamilton
发表日期	2020-06-22
出版年	2020
语种	英语
摘要	The underlying data from which the U.S. unemployment rate, labor-force participation rate, and duration of unemployment are calculated contain numerous internal contradictions. This paper catalogs these inconsistencies and proposes a unified reconciliation. We find that the usual statistics understate the unemployment rate and the labor-force participation rate by about two percentage points on average and that the bias in the latter has increased over time. The BLS estimate of the average duration of unemployment substantially overstates the true duration of uninterrupted spells of unemployment and misrepresents what happened to average durations during the Great Recession and its recovery.
主题	Macroeconomics ; Consumption and Investment ; Business Cycles ; Labor Economics ; Unemployment and Immigration
URL	https://www.nber.org/papers/w27394
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/585067
推荐引用方式 GB/T 7714	Hie Joo Ahn,James D. Hamilton. Measuring Labor-Force Participation and the Incidence and Duration of Unemployment. 2020.