Arbeitspapier | Working paper

Multiple imputation of right-censored wages in the German IAB Employment Sample considering heteroscedasticity

In many large data sets of economic interest, some variables, as wages, are top-coded or right-censored. In order to analyze wages with the German IAB employment sample we first have to solve the problem of censored wages at the upper limit of the social security system. We treat this problem as a missing data problem and derive new multiple imputation approaches to impute the censored wages by draws of a random variable from a truncated distribution based on Markov chain Monte Carlo techniques. In general, the variation of income is smaller in lower wage categories than in higher categories and the assumption of homoscedasticity in an imputation model is highly questionable. Therefore, we suggest a new multiple imputation method which does not presume homoscedasticity of the residuals. Finally, in a simulation study, different imputation approaches are compared under different situations and the necessity as well as the validity of the new approach is confirmed.

Multiple imputation of right-censored wages in the German IAB Employment Sample considering heteroscedasticity

Urheber*in: Büttner, Thomas; Rässler, Susanne

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Extent
Seite(n): 22
Language
Englisch
Notes
Status: Veröffentlichungsversion

Bibliographic citation
IAB Discussion Paper: Beiträge zum wissenschaftlichen Dialog aus dem Institut für Arbeitsmarkt- und Berufsforschung (44/2008)

Subject
Sozialwissenschaften, Soziologie
Wirtschaft
Erhebungstechniken und Analysetechniken der Sozialwissenschaften
Arbeitsmarktforschung
Analyse
Daten
statistische Analyse
Datenqualität
Einkommen
Lohnunterschied
Modellentwicklung

Event
Geistige Schöpfung
(who)
Büttner, Thomas
Rässler, Susanne
Event
Veröffentlichung
(who)
Institut für Arbeitsmarkt- und Berufsforschung der Bundesagentur für Arbeit (IAB)
(where)
Deutschland, Nürnberg
(when)
2008

URN
urn:nbn:de:0168-ssoar-322424
Rights
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
Last update
21.06.2024, 4:26 PM CEST

Data provider

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Object type

  • Arbeitspapier

Associated

  • Büttner, Thomas
  • Rässler, Susanne
  • Institut für Arbeitsmarkt- und Berufsforschung der Bundesagentur für Arbeit (IAB)

Time of origin

  • 2008

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