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Methods in Labor Economics

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Unformatted text preview: Longitudinal Study, etc. Fortin – Econ 560 Lecture 0 The relative strengths and weaknesses of these different data sets have to do with sample size, key variables and unique variables available, time span and frequency, consistency over time, cross-sectional, longitudinal, cohort-specific user friendliness, measurement error panel data, dynamic models, fixed effects Fortin – Econ 560 Lecture 0 B. Newer Sources of Data Administrative Data Bases (Canada, LAD, LEAP; US, Social Security Data-IRS) Sweden: Swedish Level of Living Surveys (LNU); Norwegian, Danish administrative data set on entire population Employer-employee linked data set (Canada: WES; Germany: LIAB (Linked Employer–Employee Data from the IAB); US: Longitudinal Employer-Employee Data (LEED); Italy: Veneto Work History data, etc. “Big Data”, scanner data, data from user sites: Prosper.com (Pope and Sydnor, 2011), oDesk.com (Pallais, 2011), Google, etc. Fortin – Econ 560 Lecture 0 0.3 Methods in Empirical Labour Economics a.k.a. Methods for the Identification of Causal Effects Economics is to a large extent an observational science, like say Meteorology, but there are some Randomized Experiments: Real world Riddell, C. and W.C. Riddell, “Educational Upgrading and Its Consequences Among Welfare Recipients: Empirical Evidence From the Self-Sufficiency Project,” SRDC Working Paper Series 06-08. Ford, Reuben “Early High School Interventions to Increase Students’ Access to Postsecondary Education: Experimental Impacts from Canada’s Future to Discover Project”, Report, SDRC. Field Experiments: Fake transactors, real respondents Bertrand, M. and S. Mullainathan, "Are Emily and Greg More Employable than Latisha and Jamal? A Field Experiment on Labor Market Discrimination," American Economic Review, 94 (September 2004), 991-1013. Bandiera, O., I. Barankay and I. Rasul, “Social Incentives in the Workplace,” Review of Economic Studies, Vol. 77 (2010), 417–458 Fortin – Econ 560 Lecture 0 Laboratory Experiments: Fake transa...
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