Employment reconciliation and nowcasting
Bibliographic Data
| ID | 21653352 |
|---|---|
| Authors | Eiji Gotō (0000-0003-1401-1985, University of Missouri‐St. Louis St. Louis Missouri USA), Jan Jacobs (0000-0002-8657-6777, University of Groningen, corresponding author), Jan P A M Jacobs (0000-0002-7994-5175, University of Groningen Groningen the Netherlands, corresponding author), Tara M Sinclair (0000-0002-1990-3264, US Department of the Treasury Washington D.C. USA), Simon van Norden (0000-0003-0145-4226, CIRANO Montreal Quebec Canada) |
| Year | 2023 |
| Volume | 38 |
| Issue | 7 |
| Pages | 1007-1017 |
| Publication date | 2023-11-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Applied Econometrics (JOURNAL) |
| Journal identifiers | ISSN: 1099-1255 • E-ISSN: 0883-7252 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/jae.2995 |
| OpenAlex | W4384153377 |
| Language | EN |
| References cited | 15 |
We construct a latent employment estimate for the United States, which both reconciles the information from separate payroll and household surveys and incorporates the preliminary data revision process of the payroll data. We find that our reconciled latent employment series looks somewhat different than the initial release of payroll employment and is closer to the fully revised data that is benchmarked to a near census of employment. A real‐time exercise, however, suggests that the reconciled employment estimate is remarkably similar to the initial release of payroll employment with near zero weight on the household survey information
Census · Demographic economics · Econometrics · Economic growth · Economics · Geography · Labour economics · Nowcasting · Payroll · Payroll tax · Population · Sociology · Unemployment · Computer Science · Demography · Financial Literacy, Pension, Retirement Analysis · Labor market dynamics and wage inequality · Monetary Policy and Economic Impact · Accounting
| Citation velocity | historical |
|---|---|
| Highly cited | No |