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  5. Tracking the Pandemic in Real Time: Administrative Micro Data in Business Cycles Enters the Spotlight

Tracking the Pandemic in Real Time: Administrative Micro Data in Business Cycles Enters the Spotlight

  • Joseph Vavra
Journal of Economic Perspectives
vol. 35, no. 3, Summer 2021
(pp. 47-66)
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Abstract

In this paper I discuss the increasingly prominent role of administrative micro data in macroeconomics research. This type of data proved important for interpreting the causes and consequences of the Great Recession, and it has played a crucial role in shaping economists' understanding of the COVID-19 pandemic in near real-time. I discuss a number of specific insights from this research while also illustrating some of the broader opportunities and challenges of working with administrative data.

Citation

Vavra, Joseph. 2021. "Tracking the Pandemic in Real Time: Administrative Micro Data in Business Cycles Enters the Spotlight." Journal of Economic Perspectives, 35 (3): 47-66. DOI: 10.1257/jep.35.3.47

Additional Materials

JEL Classification

  • E32 Business Fluctuations; Cycles
  • G51 Household Finance: Household Saving, Borrowing, Debt, and Wealth
  • I12 Health Behavior
  • J22 Time Allocation and Labor Supply
  • J31 Wage Level and Structure; Wage Differentials
  • J63 Labor Turnover; Vacancies; Layoffs
  • R31 Housing Supply and Markets
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