/ced2ar-web

You are viewing the official metadata. View crowdsourced contributions.

Stata SAS
Variable Name qwi_err
Top Access Level undefined (no restrictions)
Label QWI: excess reallocation rate (churning)
Codebook National QWI
Concept
Type numeric

Files

qwi_national_wia.dta   http://download.vrdc.cornell.edu/qwipu.national/beta/r4580/qwi_national_wia.dta.gz  ( Stata )
qwi_national_wia.sas7bdat   http://download.vrdc.cornell.edu/qwipu.national/beta/r4580/qwi_national_wia.sas7bdat.gz  ( SAS )
qwi_national_wia.csv   http://download.vrdc.cornell.edu/qwipu.national/beta/r4580/qwi_national_wia.csv.gz  ( CSV )

Full Description

We define the excess reallocation measured using the symmetric Excess Reallocation Rate (see variables "qwi_wrr" and "qwi_jrr" for further information):

`E\R\R_{agkst} =\ W\R\R_{agkst} -\ J\R\R_{agkst}`

which measures the difference between gross worker flow and gross job flow rates, sometimes called the labor market ?churning? rate. The `E\R\R` measures the rate of gross worker flow activity in each category in excess of the minimum rate required to account for the observed gross job reallocation. Separate inflow and outflow excess reallocation rates can be defined using the components of the `E\R\R`?specifically, the Excess Inflow Rate (`EIR`) and the Excess Outflow Rate (`EOR`):

  • `EIR_{agkst} =\ AR_{agkst} -\ JCR_{agkst}`
  • `EOR_{agkst} =\ SR_{agkst} -\ JDR_{agkst}`

where the additive and symmetric growth rate properties of the measure within categories continue to hold. Because of the net job flow identities, `EIR_{agkst} \equiv \ EOR_{agkst}`.

Summary Statistics

Valid values 38340
Invalid values 0
Minimum 0.000876
Maximum 4.792
Mean 0.394
Standard deviation 0.351

Value Ranges

Value Range

Range: [ 0.00087597454622405 , 4.79210373588679 ]