The CPS After the Redesign: Refocusing the Economic Lens
The CPS After the Redesign: Refocusing the Economic Lens
复制标题
重新设计后的 CPS:重新聚焦经济镜头
DOI:
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发表时间:
2012
期刊:
影响因子:
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通讯作者:
Stephen Miller
中科院分区:
文献类型:
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作者:
Anne E. Polivka;Stephen Miller
The views in this paper are those of the authors, and do not represent official BLS policy 2 The CPS After the Redesign: Refocusing the Economic Lens The Current Population Survey (CPS) is a major source of information about the American labor market. In addition to providing monthly estimates of unemployment and employment, economists, sociologists and policy analysts use data from the CPS to examine broad societal and cyclical changes in economic activity over time. For example, data from the CPS have been used to investigate the declining rate of employment among men, especially older men (e. In January 1994, the CPS underwent a major redesign both in the wording of the questionnaire and the methodology used to collect the data. The objective of the redesign was to improve the quality and expand the quantity of available data. However, the redesign also caused changes in the measurement of many of the estimates derived from the CPS. The major purpose of this paper is to estimate adjustment factors for various aggregate measures derived from the CPS in order to permit comparisons of estimates before and after the redesign. In addition, these adjustment factors will be analyzed to assess the impact of the redesign on some of the key conclusions drawn from the CPS. 1 The remainder of the paper is structured as follows. The first section briefly summarizes the reasons for the CPS redesign. The second section contains a description of the data and a discussion of the motivation for the methodology used in the empirical analysis. The third section presents the empirical model. The estimated adjustment factors, along with a discussion of possible causes and implications of the estimated changes, are presented in the fourth section. The paper concludes with a brief summary of the results and implications of the redesign. 1 The estimates presented in this paper are being provided only to aid individuals who use the CPS historically. The Bureau of Labor Statistics will not revise previously published official estimates. The redesigned CPS was the culmination of a massive 8 year collaborative effort between the Bureau of Labor Statistics (BLS) and the Bureau of the Census (BC). The impetus for changing the CPS was fourfold. First, there were indications that some of the concepts and wording in the CPS were becoming dated. The last major revision to the wording of the CPS occurred in 1967. Since that time …