This seeks to answer the question, does today's unemployed population resemble 2018's, just scaled up, or do they differ on important dimensions for distributional analysis? If it's the latter, we may want to do a more involved reweighting to simulate policy effects using the 2018 ASEC.
First step is comparing the distribution of DURUNEMP
.
As a subsequent step, bucket DURUNEMP
and compare it to other important factors for determining poverty status: marital status, existence of kids in the household, and some income concept, either directly (though this is endogenous to FPUC) or average wages by OCC
occupational code.