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- W2972974103 abstract "Using recent results in the measurement error literature, we show that the official US unemployment rate substantially underestimates the true level of unemployment, due to misclassification errors in the labor force status in the Current Population Survey. During the period from January 1996 to August 2011, the corrected monthly unemployment rates are between 1 and 4.4 percentage points (2.1 percentage points on average) higher than the official rates, and are more sensitive to changes in business cycles. The labor force participation rates, however, are not affected by this correction." @default.
- W2972974103 created "2019-09-19" @default.
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- W2972974103 date "2012-01-01" @default.
- W2972974103 modified "2023-09-28" @default.
- W2972974103 title "Replication data for: Misclassification Errors and the Underestimation of the US Unemployment Rate" @default.
- W2972974103 doi "https://doi.org/10.17889/e108701v1" @default.
- W2972974103 hasPublicationYear "2012" @default.
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