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Are Labor Market Indicators Telling the Truth? Role of Measurement Error in the U.S. Current Population Survey

Are Labor Market Indicators Telling the Truth? Role of Measurement Error in the U.S. Current Population Survey »

Source: Are Labor Market Indicators Telling the Truth? Role of Measurement Error in the U.S. Current Population Survey

Volume/Issue: 2019/40

Series: IMF Working Papers

Author(s): Ippei Shibata

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2019

ISBN: 9781498300452

Keywords: Persons not in labor force, Labor market policy, Labor force, Labor force participation, Labor markets, Gross Worker Flows, Current Population Survey, Classification Errors, Unemployment, Shimer

Labor market indicators are critical for policymakers, but measurement error in labor force survey data is known to be substantial. In this paper, I quantify the implications of classification errors in the U.S. Cu...

Are Labor Market Indicators Telling the Truth? Role of Measurement Error in the U.S. Current Population Survey

Are Labor Market Indicators Telling the Truth? Role of Measurement Error in the U.S. Current Population Survey »

Volume/Issue: 2019/40

Series: IMF Working Papers

Author(s): Ippei Shibata

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2019

DOI: http://dx.doi.org/10.5089/9781498300452.001

ISBN: 9781498300452

Keywords: Persons not in labor force, Labor market policy, Labor force, Labor force participation, Labor markets, Gross Worker Flows, Current Population Survey, Classification Errors, Unemployment, Shimer

Labor market indicators are critical for policymakers, but measurement error in labor force survey data is known to be substantial. In this paper, I quantify the implications of classification errors in the U.S. Cu...