How Long is a Spell of Unemployment?: Illusions and Biases in the Use of CPS Data
AbstractMost data used to study the durations of unemployment spells come from the Current Population Survey, which is a point-in-time survey and gives an incomplete picture of the underlying duration distribution. We introduce a new sample of completed unemployment spells obtained from panel data and apply CPS sampling and reporting techniques to replicate the type of data used by other researchers. Predicted duration distributions derived from this CPS-like data are then compared to the actual distribution. We conclude that the best inferences that can be made about unemployment durations using CPS-like data are seriously biased.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 1467.
Date of creation: Sep 1984
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- Kiefer, Nicholas M & Lundberg, Shelly J & Neumann, George R, 1985. "How Long Is a Spell of Unemployment? Illusions and Biases in the Use of CPS Data," Journal of Business & Economic Statistics, American Statistical Association, vol. 3(2), pages 118-28, April.
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