Using internal and public use March Current Population Survey data, we analyze trends in US income inequality (1975-2004). Using a multiple imputation approach where values for censored observations are imputed using draws from a Generalized Beta distribution of the Second Kind, we find that the...

The growing labor force participation of women with small children in both the U.S. and Canada has led to calls for increased public financing for childcare. The optimality of public financing depends on a host of factors, such as the %u201Ccrowd-out%u201D of existing childcare arrangements, the...

There are two broad classes of models used to address the econometric problems caused by skewness in data commonly encountered in health care applications: (1) transformation to deal with skewness (e.g., OLS on ln(y)); and (2) alternative weighting approaches based on exponential conditional...

Statistical offices try to match item models when measuring inflation between two periods. However, for product areas with a high turnover of differentiated models, the use of hedonic indexes is more appropriate since they include the prices and quantities of unmatched new and old models. The...

This paper aims to assess the degree of students’ interest in mathematics and statistics. Five universities, having Engineering and technology education in Sindh Province, have been taken as targeted population. Non-parametric test Statistic X2 at X = 0.05 on collected categorical data has...

Calibration of multidimensional economic problems proven to be difficult, as there is a high risk of problem miss-identification. In this paper we propose a multistage calibration method to estimate the six parameters of a commodity market price model that includes storage. We assume that the...

This review of data problems in econometrics has been prepared for the Handbook of Econometrics (Vol. 3, Chap. 25, forthcoming). It starts with a review of the ambivalent relationship between data and econometricians, emphasizing the largely second-hand nature of economic data and the...

Official statistics serve as an important compass for policymakers due to their quality, impartiality, and transparency. In the current post-pandemic environment of great uncertainty and widespread disinformation, they need to serve this purpose more than ever. The wealth of data produced by the...

The integration of the annual I-O accounts with the GDP-by-industry accounts is the most recent in a series of improvements to the industry accounts provided by the BEA in recent years. BEA prepares two sets of national industry accounts: The I-O accounts, which consist of the benchmark I-O...