On the robustness of alternative unemployment measures

doi:10.1016/j.econlet.2018.02.003

CORC > 上海财经大学 > 上海财经大学

	On the robustness of alternative unemployment measures
	Feng, Shuaizhang 1; Hu, Yingyao 2; Sun, Jiandong 3
刊名	ECONOMICS LETTERS
	2018-05
卷号	166 页码:1-5
关键词	True unemployment rate U-3 U-6 Misclassification error
ISSN号	0165-1765
DOI	10.1016/j.econlet.2018.02.003
英文摘要	The unemployment rate is one of the most important economic indices. This article extends the work of Feng and Hu (2013) and examines the effects of potential misclassifications in labor force statuses on the different Bureau of Labor Statistics (BLS) unemployment measures. Compared to the official US unemployment rate U-3, the broader measure U-6 is more robust to such classification errors in the survey data that are used to calculate unemployment rates. If one prefers the definitions of U-3, then we offer an approach to use reported unemployment measures to proxy for the unobserved true U-3. (C) 2018 Elsevier B.V. All rights reserved.
WOS研究方向	Business & Economics
语种	英语
出版者	ELSEVIER SCIENCE SA
WOS记录号	WOS:000429761600001
内容类型	期刊论文
源URL	[http://10.2.47.112/handle/2XS4QKH4/630]
专题	上海财经大学
通讯作者	Hu, Yingyao
作者单位	1.Jinan Univ, Inst Econ & Social Res, Guangzhou, Guangdong, Peoples R China; 2.Johns Hopkins Univ, Dept Econ, Baltimore, MD 21218 USA; 3.Shanghai Univ Finance & Econ, Sch Econ, Shanghai, Peoples R China
推荐引用方式 GB/T 7714	Feng, Shuaizhang,Hu, Yingyao,Sun, Jiandong. On the robustness of alternative unemployment measures[J]. ECONOMICS LETTERS,2018,166:1-5.
APA	Feng, Shuaizhang,Hu, Yingyao,&Sun, Jiandong.(2018).On the robustness of alternative unemployment measures.ECONOMICS LETTERS,166,1-5.
MLA	Feng, Shuaizhang,et al."On the robustness of alternative unemployment measures".ECONOMICS LETTERS 166(2018):1-5.