scholarly journals How Aggregation Matters for Measured Wage Growth

2020 ◽  
pp. 1-9
Author(s):  
Michael Morris ◽  
Robert W. Rich ◽  
Joseph Tracy
Keyword(s):  
Labor Market ◽  
Current Population Survey ◽  
Population Survey ◽  
Wage Growth ◽  
Nonlinear Relationship ◽  
Average Wage ◽  
Aggregation Method ◽  
Hours Worked ◽  
High Earning ◽  
Using Data

Wage growth is often measured by the change in average hourly earnings (AHE), a gauge of overall wages that aggregates information on earnings and hours worked across individuals. A close look at this aggregation method demonstrates that AHE growth reflects disproportionately the profile of high-earning workers who typically display lower and less cyclically sensitive wage growth. Using data from the Current Population Survey (CPS), we adopt a different aggregation method and compute wage growth as the average of individuals’ wage growth. The analysis indicates that the CPS measure of average wage growth is significantly higher than AHE growth and that it displays a more meaningful nonlinear relationship with the Congressional Budget Office’s unemployment gap. Last, our findings do not support the claim that there is still hidden labor market slack restraining wage growth.

The Labor Market Skills of Recent Male Immigrants: Evidence from the Current Population Survey

ILR Review ◽  
1995 ◽  
Vol 48 (4) ◽  
pp. 792-811 ◽  
Author(s):  
Edward Funkhouser ◽  
Stephen J. Trejo
Keyword(s):  
United States ◽  
Labor Market ◽  
Current Population Survey ◽  
Population Survey ◽  
Census Data ◽  
The United States ◽  
Skill Levels ◽  
Recent Immigrants ◽  
Current Population ◽  
Using Data

Using data from special supplements to the Current Population Survey (CPS), the authors track the education and hourly earnings of recent male immigrants to the United States. In terms of these measures of labor market skills, the CPS data suggest that immigrants who came in the late 1980s were more skilled than those who arrived earlier in the decade. This pattern represents a break from the steady decline in immigrant skill levels observed in 1940–80 Census data. Despite the encouraging trend over the 1980s, however, the average skills of recent immigrants remain low by historical standards.

Levels of Responsibility in Jobs and the Distribution of Earnings among U.S. Engineers, 1961–1986

ILR Review ◽  
1995 ◽  
Vol 49 (1) ◽  
pp. 150-169
Author(s):  
Christopher Ferrall
Keyword(s):  
Labor Market ◽  
Current Population Survey ◽  
Population Survey ◽  
Wage Dispersion ◽  
Current Population ◽  
Using Data

This study, using data from the Professional, Administrative, Technical, and Clerical Pay Survey and the Current Population Survey, examines how the assignment of responsibility within firms affected the structure of wages of U.S. engineers between 1961 and 1986. Patterns of wage dispersion in this sample mirrored patterns found in broader segments of the labor market during the same period. In engineering, wage dispersion within levels of responsibility fell steadily between 1976 and 1986, while wage dispersion between levels rose. At the same time, engineering jobs began to migrate to lower levels within firms. The author explains the trends in wages and job assignments as responses to changes in the supply of and demand for engineers, within the framework of hierarchy models of responsibility.

scholarly journals Recessions, Retirement, and Social Security

2011 ◽  
Vol 101 (3) ◽  
pp. 23-28 ◽  
Author(s):  
Courtney C Coile ◽  
Phillip B Levine
Keyword(s):  
Labor Market ◽  
Social Security ◽  
Labor Force ◽  
Current Population Survey ◽  
Population Survey ◽  
Job Loss ◽  
Community Surveys ◽  
Labor Force Status ◽  
Using Data ◽  
The Impact

This paper examines how labor market fluctuations around the time of retirement affect the labor force status and Social Security receipt of individuals ages 55 to 69 and the income of retirees in their 70s, using data from the March Current Population Survey, Census, and American Community Surveys. We find that workers are more likely to leave the labor force, to collect Social Security earlier, and to have lower Social Security income when they face a recession near retirement. The impact is greatest for the less-educated, who are more susceptible to job loss and rely more heavily on Social Security.

scholarly journals The Affordable Care Act and the Growth of Involuntary Part-Time Employment

ILR Review ◽  
2018 ◽  
Vol 72 (4) ◽  
pp. 955-980 ◽  
Author(s):  
William E. Even ◽  
David A. Macpherson
Keyword(s):  
Labor Market ◽  
Affordable Care Act ◽  
Current Population Survey ◽  
Population Survey ◽  
Economic Conditions ◽  
Part Time ◽  
Difference Methods ◽  
The Affordable Care Act ◽  
Using Data ◽  
Employer Mandate

This study tests whether the employer mandate under the Affordable Care Act (ACA) increased involuntary part-time (IPT) employment. Using data from the Current Population Survey between 1994 and 2015, the authors find that IPT employment in 2015 exceeded predictions based on economic conditions and the structure of the labor market. Of greater importance, using difference-in-difference methods, they find that the increase in the probability of IPT employment since passage of the ACA was greater in occupations with a larger share of workers affected by the mandate. The authors’ estimates suggest that approximately 700,000 additional workers without a college degree are in IPT employment as a result of the ACA employer mandate.

scholarly journals The Impact of the Mariel Boatlift on the Miami Labor Market

ILR Review ◽  
1990 ◽  
Vol 43 (2) ◽  
pp. 245-257 ◽  
Author(s):  
David Card
Keyword(s):  
Labor Market ◽  
Labor Supply ◽  
Labor Force ◽  
Current Population Survey ◽  
Population Survey ◽  
Percentage Increase ◽  
Skilled Workers ◽  
Unemployment Rates ◽  
Using Data ◽  
The Impact

Using data from the Current Population Survey, this paper describes the effect of the Mariel Boatlift of 1980 on the Miami labor market. The Mariel immigrants increased the Miami labor force by 7%, and the percentage increase in labor supply to less-skilled occupations and industries was even greater because most of the immigrants were relatively unskilled. Nevertheless, the Mariel influx appears to have had virtually no effect on the wages or unemployment rates of less-skilled workers, even among Cubans who had immigrated earlier. The author suggests that the ability of Miami's labor market to rapidly absorb the Mariel immigrants was largely owing to its adjustment to other large waves of immigrants in the two decades before the Mariel Boatlift.

scholarly journals Modeling a Bridge When Survey Questions Change: Evidence from the Current Population Survey Health Insurance Redesign

2019 ◽  
Vol 35 (1) ◽  
pp. 189-202
Author(s):  
Brett O’Hara ◽  
Carla Medalia ◽  
Jerry J. Maples
Keyword(s):  
Health Insurance ◽  
Current Population Survey ◽  
Time Trend ◽  
Population Survey ◽  
The United States ◽  
Community Survey ◽  
Historical Time ◽  
Current Population ◽  
Using Data ◽  
The Impact

Abstract Most research on health insurance in the United States uses the Current Population Survey Annual Social and Economic Supplement. However, a recent redesign of the health insurance questions disrupted the historical time trend in 2013. Using data from the American Community Survey, which has a parallel trend in the uninsured rate, we model a bridge estimate of the uninsured rate using the traditional questions. Also, we estimate the effect of changing the questionnaire. We show that the impact of redesigning the survey varies substantially by subgroup. This approach can be used to produce bridge estimates when other questionnaires are redesigned.

scholarly journals The Labor Market Effects of Refugee Waves: Reconciling Conflicting Results

ILR Review ◽  
2019 ◽  
Vol 72 (4) ◽  
pp. 818-857 ◽  
Author(s):  
Michael A. Clemens ◽  
Jennifer Hunt
Keyword(s):  
High School ◽  
Labor Market ◽  
Current Population Survey ◽  
Population Survey ◽  
High School Education ◽  
Endogenous Variable ◽  
Racial Composition ◽  
Compositional Change ◽  
Market Effects ◽  
The Impact

Studies have reached conflicting conclusions regarding the labor market effects of exogenous refugee waves such as the Mariel Boatlift in Miami. The authors show that contradictory findings on the effects of the Mariel Boatlift can be explained by a large difference in the pre- and post-Boatlift racial composition in certain very small subsamples of workers in the Current Population Survey. This compositional change is specific to Miami and unrelated to the Boatlift. They also show that conflicting findings on the labor market effects of other important refugee waves are caused by spurious correlation in some analyses between the instrument and the endogenous variable, introduced by applying a common divisor to both. As a whole, the evidence from refugee waves reinforces the existing consensus that the impact of immigration on average native-born workers is small, and it fails to substantiate claims of large detrimental effects on workers with less than a high school education.

MATCH BIAS OR NONIGNORABLE NONRESPONSE? IMPROVED IMPUTATION AND ADMINISTRATIVE DATA IN THE CPS ASEC

2020 ◽  
Author(s):  
Charles Hokayem ◽  
Trivellore Raghunathan ◽  
Jonathan Rothbaum
Keyword(s):  
Administrative Data ◽  
Current Population Survey ◽  
Population Survey ◽  
Census Bureau ◽  
Median Income ◽  
Efficiency Gains ◽  
Poverty And Inequality ◽  
Nonignorable Nonresponse ◽  
Using Data ◽  
Sequential Regression

Abstract We test an improved imputation technique, sequential regression multivariate imputation (SRMI), for the Current Population Survey Annual Social and Economic Supplement to address match bias. Furthermore, we augment the model with administrative tax data to test for nonignorable nonresponse. Using data from 2009, 2011, and 2013, we find that the current hot deck imputation used by the Census Bureau produces different distribution statistics, downward for poverty and inequality and upward for median income, relative to the SRMI model-based estimates. Our results suggest that these differences are a result of match bias, not nonignorable nonresponse. Nearly all poverty, median income, and inequality estimates are not significantly different when comparing imputation models with and without administrative data. However, there are clear efficiency gains from using administrative data.

scholarly journals House Prices and Marital Stability

2011 ◽  
Vol 101 (3) ◽  
pp. 615-619 ◽  
Author(s):  
Martin Farnham ◽  
Lucie Schmidt ◽  
Purvi Sevak
Keyword(s):  
Current Population Survey ◽  
Population Survey ◽  
House Prices ◽  
House Price ◽  
Marital Stability ◽  
Housing Finance ◽  
Transactions Costs ◽  
Differential Effects ◽  
Federal Housing ◽  
Using Data

We investigate the effect of house price changes on divorce using data for 1991–2010 from the Current Population Survey and the Federal Housing Finance Agency. Our findings suggest that changing house prices significantly affect the share of a cohort that is divorced, and that these effects are asymmetric with respect to housing gains versus losses. In addition, we find differential effects for groups that are more likely to be homeowners versus renters. Some of this evidence is consistent with homeowners being locked into their homes—and hence marriages—by increased transactions costs in down markets.

Sign in / Sign up

Export Citation Format

Share Document