Misclassification Errors and the Underestimation of the US Unemployment Rate
Misclassification Errors and the Underestimation of the US Unemployment Rate
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Nashville: American Economic Association
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Language
English
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Nashville: American Economic Association
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Contents
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...
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Full title
Misclassification Errors and the Underestimation of the US Unemployment Rate
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TN_cdi_proquest_miscellaneous_1335018639
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_1335018639
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ISSN
0002-8282
E-ISSN
1944-7981
DOI
10.1257/aer.103.2.1054