The importance of frequency in estimating labour market transition rates

摘要: Labour market transition rates are typically estimated using survey data, which mainly carried out at monthly or quarterly frequency. I argue that from surveys different frequencies not comparable, even if corrected for time aggregation. estimate labour and frequency CPS data. apply a time-aggregation correction to make them comparable. find notable differences in terms of levels volatilities. While the continuous does alter unemployment decomposition survey, it so when survey.