How Data Quality Affects our Understanding of the Earnings Distribution

How Data Quality Affects our Understanding of the Earnings Distribution
Author: Reza Che Daniels
Publisher: Springer Nature
Total Pages: 128
Release: 2022-07-02
Genre: Mathematics
ISBN: 9811936390

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.

Poverty and Policy in Post-apartheid South Africa

Poverty and Policy in Post-apartheid South Africa
Author: Haroon Bhorat
Publisher: HSRC Press
Total Pages: 486
Release: 2006
Genre: Business & Economics
ISBN: 9780796921222

The political freedoms ushered in by the post 1994 transition were seen at that time as the basis for redressing long-standing economic deprivations suffered by the majority of the population. The reduction of poverty, in all its dimensions, was the goal. The volume will be of interest to researchers, graduate students, and to the technical staff of international agencies and government ministries.

Economic Report of the President

Economic Report of the President
Author: United States. President
Publisher: BernanPress
Total Pages: 720
Release: 2019
Genre: United States
ISBN: 9780160950575

"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.

Handbook of Income Distribution

Handbook of Income Distribution
Author: Anthony B. Atkinson
Publisher: Elsevier
Total Pages: 2370
Release: 2014-12-30
Genre: Business & Economics
ISBN: 0444594760

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

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

Negotiating Our Way Up Collective Bargaining in a Changing World of Work
Author: OECD
Publisher: OECD Publishing
Total Pages: 270
Release: 2019-11-18
Genre:
ISBN: 9264362576

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.

Measurement and Meaning

Measurement and Meaning
Author: Estanislao Gacitúa-Marió
Publisher: World Bank Publications
Total Pages: 100
Release: 2001-01-01
Genre: Political Science
ISBN: 9780821350546

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.

Earnings Quality

Earnings Quality
Author: Patricia M. Dechow
Publisher: Research Foundation of the Institute of Chartered Financial Analysts
Total Pages: 152
Release: 2004-01-01
Genre: Corporate profits
ISBN: 9780943205687