Trends in Earnings Volatility Using Linked Administrative and Survey Data
利用1995-2015年CPS ASEC与社保记录关联数据，分别研究男性和女性收入波动趋势，发现调查与行政数据中波动水平与趋势相似，男性波动对经济周期敏感但持续工作者无长期趋势，女性波动无周期变化但呈下降趋势，且包含插补值会改变结果。
We document trends in earnings volatility separately by gender using unique linked survey data from the CPS ASEC and Social Security earnings records for the tax years spanning 1995–2015. The exact data link permits us to focus on differences in measured volatility from earnings nonresponse, survey attrition, and measurement between survey and administrative earnings data reports, while holding constant the sampling frame. Our results for both men and women suggest that the level and trend in volatility is similar in the survey and administrative data, showing substantial business-cycle sensitivity among men but no overall trend among continuous workers, while women demonstrate no change in earnings volatility over the business cycle but a declining trend. A substantive difference emerges with the inclusion of imputed earnings among survey nonrespondents, suggesting that users of the ASEC drop earnings nonrespondents.