jmbejara / comp-econ-sp18

Main Course Repository for Computational Methods in Economics (Econ 21410, Spring 2018)
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ASEC vs Basic Monthly #40

Closed jmbejara closed 6 years ago

jmbejara commented 6 years ago

In case anybody is having this issue, be sure to download only the ASEC samples. The ASEC supplement is the March CPS. The ASEC includes extra variables that are not included in the basic monthly CPS survey. From Wikipedia, the ASEC is described as the following:,

Since 1948, the CPS has included supplemental questions (at first, in April; later, in March) on income received in the previous calendar year, which are used to estimate the data on income and work experience. These data are the source of the annual Census Bureau report on income, poverty, and health insurance coverage...

Downloading the March samples from the "Basic Monthly" samples doesn't give us what we need. See the included screenshot. The arrow points out the fact that these variables are missing in the March basic monthly samples but are available in the ASEC samples.

asec_v_basic_monthly