Worker Flows and Occupations in the CPS 1976-2010: A Framework for Adjusting the Data

Alexandre Ounnas ()
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Alexandre Ounnas: UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Recherches Economiques et Sociales (IRES)

No 2020008, LIDAM Discussion Papers IRES from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)

Abstract: This paper proposes a framework for adjusting issues affecting series of stocks and gross flows by occupations obtained from the Current Population Survey (CPS). Using data over the period 1976-2010 and the occupation classification of Autor and Dorn (2013) to rank occupations between high, medium and low skills, I adjust series for the 1994 redesign of the CPS questionnaire, changes in occupational classification and revisions in the size and composition of the US population. In a second step, I correct flow rates for the Time Aggregation bias. Due to constraints specific to flow rates by occupation, the correction proposed by Shimer (2012) and Elsby et al. (2015) cannot be applied. As a result, I use the bayesian estimation method of Bladt and Sørensen (2005).

Keywords: Current Population Survey; occupations; unobserved component model; time aggregation bias (search for similar items in EconPapers)
JEL-codes: C5 C8 J6 (search for similar items in EconPapers)
Date: 2020-02-27
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