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Book How Data Quality Affects our Understanding of the Earnings Distribution

Download or read book How Data Quality Affects our Understanding of the Earnings Distribution written by Reza Che Daniels and published by Springer Nature. This book was released on 2022-07-02 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book demonstrates how data quality issues affect all surveys and proposes methods that can be utilised to deal with the observable components of survey error in a statistically sound manner. This book begins by profiling the post-Apartheid period in South Africa's history when the sampling frame and survey methodology for household surveys was undergoing periodic changes due to the changing geopolitical landscape in the country. This book profiles how different components of error had disproportionate magnitudes in different survey years, including coverage error, sampling error, nonresponse error, measurement error, processing error and adjustment error. The parameters of interest concern the earnings distribution, but despite this outcome of interest, the discussion is generalizable to any question in a random sample survey of households or firms. This book then investigates questionnaire design and item nonresponse by building a response propensity model for the employee income question in two South African labour market surveys: the October Household Survey (OHS, 1997-1999) and the Labour Force Survey (LFS, 2000-2003). This time period isolates a period of changing questionnaire design for the income question. Finally, this book is concerned with how to employee income data with a mixture of continuous data, bounded response data and nonresponse. A variable with this mixture of data types is called coarse data. Because the income question consists of two parts -- an initial, exact income question and a bounded income follow-up question -- the resulting statistical distribution of employee income is both continuous and discrete. The book shows researchers how to appropriately deal with coarse income data using multiple imputation. The take-home message from this book is that researchers have a responsibility to treat data quality concerns in a statistically sound manner, rather than making adjustments to public-use data in arbitrary ways, often underpinned by undefensible assumptions about an implicit unobservable loss function in the data. The demonstration of how this can be done provides a replicable concept map with applicable methods that can be utilised in any sample survey.

Book Quantile Treatment Effects of College Quality on Earnings

Download or read book Quantile Treatment Effects of College Quality on Earnings written by Rodney Andrews and published by . This book was released on 2015 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses administrative data on schooling and earnings from Texas to estimate the effect of college quality on the distribution of earnings. We proxy college quality using the college sector from which students graduate and focus on identifying how graduating from UT-Austin, Texas A &M or a community college affects the distribution of earnings relative to graduating from a non-flagship university in Texas. Our methodological approach uses the rich set of observable student academic ability and background characteristics in the data to adjust the earnings distributions across college sectors for the fact that college sector quality is correlated with factors that also affect earnings. Although our mean earnings estimates are similar to previous work in this area, we find evidence of substantial heterogeneity in the returns to college quality. At UT-Austin, the returns increase across the earnings distribution, while at Texas A &M they tend to decline with one's place in the distribution. For community college graduates, the returns relative to non-flagship four-year graduates are negative across most of the distribution of earnings, but they approach zero and become positive for higher earners. Our data also allow us to estimate effects separately by race and ethnicity, and we find that historically under-represented minorities experience the highest returns in the upper tails of the earnings distribution, particularly among UT-Austin and community college graduates. While we focus on graduates, we also show our estimates are robust to examining college attendees as well as to many other changes in the sample and to the estimation strategy. Overall, these estimates provide the first direct evidence of the extent of heterogeneity in the effect of college quality on subsequent earnings, and our estimates point to the need to consider such heterogeneity in human capital models that incorporate college quality.

Book Economic Report of the President

Download or read book Economic Report of the President written by United States. President and published by BernanPress. This book was released on 2019 with total page 720 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Economic Report of the President provides valuable information about the present state of the U.S. economy and its future course. The Economic Report is issued by the Executive Office of the President and the Council of Economic Advisers and transmitted to Congress no later than 10 days after the submission of the Budget of the United States Government... For more than 70 years, the Economic Report has provided a nearly contemporaneous record of how administrations have interpreted economic developments, the motivation for policy actions, and the results of those interventions. Included in the Economic Report of the President is the Annual Report of the Council of Economic Advisers. Each year, the Council of Economic Advisers submits this report on its activities during the previous calendar year in accordance with the requirements of the Congress as set forth in section 10(d) of the Employment Act of 1946 as amended by the Full Employment and Balanced Growth Act of 1978." --Amazon.com.

Book A Theory of Earnings Distribution

Download or read book A Theory of Earnings Distribution written by Robert Weizsäcker and published by Cambridge University Press. This book was released on 1993-09-16 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an understanding of the origins of earnings distributions.

Book Handbook of Income Distribution

Download or read book Handbook of Income Distribution written by Anthony B. Atkinson and published by Elsevier. This book was released on 2014-12-30 with total page 2366 pages. Available in PDF, EPUB and Kindle. Book excerpt: What new theories, evidence, explanations, and policies have shaped our studies of income distribution in the 21st century? Editors Tony Atkinson and Francois Bourguignon assemble the expertise of leading authorities in this survey of substantive issues. In two volumes they address subjects that were not covered in Volume 1 (2000), such as education, health and experimental economics; and subjects that were covered but where there have been substantial new developments, such as the historical study of income inequality and globalization. Some chapters discuss future growth areas, such as inheritance, the links between inequality and macro-economics and finance, and the distributional implications of climate change. They also update empirical advances and major changes in the policy environment. The volumes define and organize key areas of income distribution studies Contributors focus on identifying newly developing questions and opportunities for future research The authoritative articles emphasize the ways that income mobility and inequality studies have recently gained greater political significance

Book Negotiating Our Way Up Collective Bargaining in a Changing World of Work

Download or read book Negotiating Our Way Up Collective Bargaining in a Changing World of Work written by OECD and published by OECD Publishing. This book was released on 2019-11-18 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collective bargaining and workers’ voice are often discussed in the past rather than in the future tense, but can they play a role in the context of a rapidly changing world of work? This report provides a comprehensive assessment of the functioning of collective bargaining systems and workers’ voice arrangements across OECD countries, and new insights on their effect on labour market performance today.

Book Response Errors in Labor Surveys

Download or read book Response Errors in Labor Surveys written by Daniel Hill and published by . This book was released on 1987 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Social Security Bulletin

Download or read book Social Security Bulletin written by and published by . This book was released on 2011 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Measurement and Meaning

Download or read book Measurement and Meaning written by Estanislao Gacitúa-Marió and published by World Bank Publications. This book was released on 2001-01-01 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This yearÂ's Global Economic Prospects argues for reshaping the global architecture of world trade to promote development and poverty reduction. The report focuses on four policy areas: -Using the WTO ministerial to launch a Â"development roundÂ" of trade negotiations that would reduce global trade barriers. -Engaging in global collective action to promote trade outside the negotiating framework of the WTO. -Adopting pro-trade development policies of high-income countries unilaterally. -Enacting new trade reform in developing countries. The report contends that the policies recommended in these four areas would reshape the global trade architecture in a way that would enhance the prospects of developing countries and reduce world poverty. While the most likely scenario is for recovery beginning in 2002, todayÂ's slow growth of global trade and weakening financial flows to all but the most creditworthy countries, has impeded growth in developing countries. Global Economic Prospects 2002 concludes that the long-term promise of well-implemented trade reform is therefore tangible: a world with a much higher standard of living, hundreds of millions lifted out of poverty, and a sharp increase in children living beyond their fifth birthday to become productive citizens of the world.

Book Proceedings

    Book Details:
  • Author :
  • Publisher :
  • Release : 1987
  • ISBN :
  • Pages : 728 pages

Download or read book Proceedings written by and published by . This book was released on 1987 with total page 728 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book National Minimum Wage

Download or read book National Minimum Wage written by Great Britain. Low Pay Commission and published by The Stationery Office. This book was released on 2009 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is the tenth anniversary of the introduction of the National Minimum Wage. The remit for this annual report (Cm. 7611, ISBN 9780101761123), is the monitoring and evaluation of the impact of the minimum wage and the effects on different groups of workers. Also under review is the current apprenticeship exemptions. The Low Pay Commission consults with employers, workers and their representatives, with written evidence taken from over 90 organisations and individuals. The report is divided into 8 chapters with appendices, and covers the following areas: Chapter 1: Introduction; Chapter 2: Aggregate impact of the National Minimum Wage; Chapter 3: Low-paying sectors & small firms; Chapter 4: Particular groups of workers; Chapter 5: Young people; Chapter 6: Apprentices; Chapter 7: Compliance and enforcement; Chapter 8: Setting the rates. The Commission made the following recommendations, including: that the adult minimum wage rate should increase from £5.73 to £5.80 in October 2009; that youth development should increase from £4.77 to £4.83 and the rate for 16-17 year olds from £3.53 to £3.57 from October 2009. Also, that 21 year olds should be entitled to the adult rate of the National Minimum Wage and that a minimum wage for apprentices should be introduced under the National Minimum Wage.

Book Handbook of the Economics of Education

Download or read book Handbook of the Economics of Education written by Eric A. Hanushek and published by Elsevier. This book was released on 2010-11-11 with total page 614 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does education affect economic and social outcomes, and how can it inform public policy?Volume 3 of the Handbooks in the Economics of Education uses newly available high quality data from around the world to address these and other core questions. With the help of new methodological approaches, contributors cover econometric methods and international test score data. They examine the determinants of educational outcomes and issues surrounding teacher salaries and licensure. And reflecting government demands for more evidence-based policies, they take new looks at institutional feaures of school systems. Volume editors Eric A. Hanushek (Stanford), Stephen Machin (University College London) and Ludger Woessmann (Ifo Institute for Economic Research, Munich) draw clear lines between newly emerging research on the economics of education and prior work. In conjunction with Volume 4, they measure our current understanding of educational acquisition and its economic and social effects. Uses rich data to study issues of high contemporary policy relevance Demonstrates how education serves as an important determinant of economic and social outcomes Benefits from the globalization of research in the economics of education

Book Knowledge Management  Innovation and Big Data

Download or read book Knowledge Management Innovation and Big Data written by Patricia Ordóñez de Pablos and published by MDPI. This book was released on 2019-12-31 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The evolution of knowledge management theory and the special emphasis on human and social capital sets new challenges for knowledge-driven and technology-enabled innovation. Emerging technologies including big data and analytics have significant implications for sustainability, policy making, and competitiveness. This edited volume promotes scientific research into the potential contributions knowledge management can make to the new era of innovation and social inclusive economic growth. We are grateful to all the contributors of this edition for their intellectual work. The organization of the relevant debate is aligned around three pillars: SECTION A. DATA, KNOWLEDGE, HUMAN AND SOCIAL CAPITAL FOR INNOVATION We elaborate on the new era of knowledge types and the emerging forms of social capital and their impact on technology-driven innovation. Topics include: · Social Networks · Smart Education · Social Capital · Corporate Innovation · Disruptive Innovation · Knowledge integration · Enhanced Decision-Making. SECTION B. KNOWLEDGE MANAGEMENT & BIG DATA ENABLED INNOVATION In this section, knowledge management and big data applications and systems are presented. Selective topic include: · Crowdsourcing Analysis · Natural Language Processing · Data Governance · Knowledge Extraction · Ontology Design Semantic Modeling SECTION C. SUSTAINABLE DEVELOPMENT In the section, the debate on the impact of knowledge management and big data research to sustainability is promoted with integrative discussion of complementary social and technological factors including: · Big Social Networks on Sustainable Economic Development · Business Intelligence

Book Handbook of Research Methods on the Quality of Working Lives

Download or read book Handbook of Research Methods on the Quality of Working Lives written by Daniel Wheatley and published by Edward Elgar Publishing. This book was released on 2019 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: The growing diversity of contemporary paid work has provoked increased interest in understanding and evaluating the quality of working lives. This Handbook provides critical reflections on recent research in the field, including examining the inextricable links between working life and well-being.

Book Harmonisation of Panel Surveys and Data Quality

Download or read book Harmonisation of Panel Surveys and Data Quality written by Manfred Ehling and published by . This book was released on 2004 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Statistical Size Distributions in Economics and Actuarial Sciences

Download or read book Statistical Size Distributions in Economics and Actuarial Sciences written by Christian Kleiber and published by John Wiley & Sons. This book was released on 2003-10-24 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive account of economic size distributions around the world and throughout the years In the course of the past 100 years, economists and applied statisticians have developed a remarkably diverse variety of income distribution models, yet no single resource convincingly accounts for all of these models, analyzing their strengths and weaknesses, similarities and differences. Statistical Size Distributions in Economics and Actuarial Sciences is the first collection to systematically investigate a wide variety of parametric models that deal with income, wealth, and related notions. Christian Kleiber and Samuel Kotz survey, compliment, compare, and unify all of the disparate models of income distribution, highlighting at times a lack of coordination between them that can result in unnecessary duplication. Considering models from eight languages and all continents, the authors discuss the social and economic implications of each as well as distributions of size of loss in actuarial applications. Specific models covered include: Pareto distributions Lognormal distributions Gamma-type size distributions Beta-type size distributions Miscellaneous size distributions Three appendices provide brief biographies of some of the leading players along with the basic properties of each of the distributions. Actuaries, economists, market researchers, social scientists, and physicists interested in econophysics will find Statistical Size Distributions in Economics and Actuarial Sciences to be a truly one-of-a-kind addition to the professional literature.