How Long Is a Spell of Unemployment? Illusions and Biases in the Use of CPS Data
失业会持续多久？使用 CPS 数据的错觉与偏差
Most 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…