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Variable Name vt_qwi_jdr
Label Total variation for QWI: job destruction rate
Codebook National QWI
Concept
Type numeric
Direct Link vt_qwi_jdr

Summary Statistics

vald   38340
invd   0
min   2.38e-07
max   0.0128
mean   6.73e-05
stdev   0.000279

Full Description

The total variation for a generic variable `X` is:

`T[\bar{X}_{agkt}] =\ 1/M sum_{l=1}^{M}V^{(l)}[\hat{X}_{agkt}] + (M+1)/M B[\bar{X}_{agkt}]`

where `V^{(l)}[\hat{X}_{agkt}]` and `B[\bar{X}_{agkt}]` are respectively the within implicate variance and the between implicate variance of `X`.