Global Income Dynamics DataBase
The first initiative undertaken by MEBDI is the development of an international database that will provide a wide range of research and policy relevant statistics on micro dynamics, covering workers, households, and firms, as well as the linkages between these different economic units. The key feature of the database is that the statistics are based on big “panel” data from administrative records, covering anywhere from very large representative samples in some countries to the full population in others.
The project is underway and currently includes 13 countries (with about 40 country team members), with a planned expansion to about 25 countries by 2021. Quantitative Economics will publish a special issue (the first for any Econometric Society journal) with articles covering the first set of countries.
The project leaders are Fatih Guvenen of University of Minnesota and MEBDI , Luigi Pistaferri of Stanford, and Gianluca Violante of Princeton.
A web page for the database where information and micro statistics can be accessed and downloaded will be launched in the second half of 2020.