A repeated cross-sectional data set is
A)a collection of cross-sectional data sets, where each cross-sectional data set corresponds to a different time period.
B)the same as a balanced panel data set.
C)what Card and Krueger used in their study of the effect of minimum wages on teenage employment.
D)time series.

Question

Quizplus · Accepted Answer

A repeated cross-sectional data set consists of multiple cross-sectional data sets, each corresponding to a different time period. It is different from a balanced panel data set, which consists of the same set of individuals or entities observed over multiple time periods. Time series data consists of observations taken at regular intervals over time. The study by Card and Krueger used a repeated cross-sectional design to compare employment outcomes before and after changes in the minimum wage.

A Repeated Cross-Sectional Data Set Is