Full Citation

Title: Utilizing Two Types of Survey Data to Enhance the Accuracy of Labor Supply Elasticity Estimation

Citation Type: Miscellaneous

Publication Year: 2020

ISBN:

ISSN:

DOI: 10.18128/D060

NSFID:

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PMID:

Abstract: We argue that despite its nonclassical measurement errors, the hours worked in the Current Population Survey (CPS) can still be utilized to enhance the overall accuracy of the estimator of the labor supply parameters based on the American Time Use Survey (ATUS), if done properly. We propose such an estimator that is a weighted average between the two stage least squares estimator based on the CPS and a non-standard estimator based on the ATUS.

Url: https://economics.ucr.edu/repec/ucr/wpaper/202018.pdf

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Authors: Shi, Ruoyao; Chou, Cheng

Publisher:

Data Collections: IPUMS Time Use - ATUS

Topics: Labor Force and Occupational Structure, Methodology and Data Collection

Countries: