| 来源类型 | Working Paper
|
| 规范类型 | 报告
|
| DOI | 10.3386/w28310
|
| 来源ID | Working Paper 28310
|
| Measuring Unemployment in Crisis: Effects of COVID-19 on Potential Biases in the CPS |
| Ori Heffetz; Daniel Reeves
|
| 发表日期 | 2021-01-04
|
| 出版年 | 2021
|
| 语种 | 英语
|
| 摘要 | From February to April 2020, as COVID-19 hit the U.S. economy, the official unemployment rate (UR) climbed from 3.5 percent—the lowest in more than 50 years—to 14.7—the highest since current measurement began in January 1948. This unprecedented, speedy quadrupling of UR coincided with major disruptions in survey-data-collection procedures and a dramatic, differential drop in response rates. To what extent did measurement issues contribute to this quadrupling? We revisit two recently studied potential biases in the Current Population Survey: rotation group bias (Krueger, Mas and Niu, 2017) and difficulty-of-reaching bias (Heffetz and Reeves, 2019). We extend the original analyses to the years prior to the crisis and focus on the six months of peak UR, from April to September 2020. Our ballpark estimates suggest that the peak official UR figure could be biased by up to ∼1.5 percentage points in either direction. |
| 主题 | Econometrics
; Estimation Methods
; Data Collection
; Health, Education, and Welfare
; Health
; Labor Economics
; Unemployment and Immigration
; COVID-19
|
| URL | https://www.nber.org/papers/w28310
|
| 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/585983
|
推荐引用方式
GB/T 7714 |
Ori Heffetz,Daniel Reeves. Measuring Unemployment in Crisis: Effects of COVID-19 on Potential Biases in the CPS. 2021.
|
|
文件名：
|
w28310.pdf
|
|
格式：
|
Adobe PDF
|
此文件暂不支持浏览
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
