John M. Abowd Explained

John Abowd
Birth Date:22 December 1951
Fields:Statistics
Econometrics
Labour economics
Workplaces:Cornell University
Education:University of Notre Dame (BA)
University of Chicago (MA, PhD)
Doctoral Advisor:Arnold Zellner

John Maron Abowd (born December 22, 1951) is the Associate director for research and methodology and chief scientist of the US Census Bureau,[1] where he serves on leave from his position as the Edmund Ezra Day Professor of Economics, professor of information science, and member of the Department of Statistical Science at Cornell University.

At Cornell, Abowd has taught and conducted research since 1987, including seven years on the faculty of the Johnson Graduate School of Management.[2] Abowd is best known for his contributions in the field of labor economics, and in particular his work in creating, disseminating, and using longitudinal employee-employer matched data.

Career

Abowd received a BA in economics (with highest honors) from the University of Notre Dame in 1973 and a PhD in economics from the University of Chicago in 1977, under supervision of Arnold Zellner.[3]

Prior to arriving at Cornell University in 1987, Abowd served on the faculty at Princeton University, the University of Chicago, and the Massachusetts Institute of Technology.

In addition to his professorship at Cornell University, Abowd is currently a research associate at the National Bureau of Economic Research (NBER), a research affiliate at the Centre de Recherche en Economie et Statistique (CREST), and a research fellow at the Institute for the Study of Labor (IZA). Abowd is also the director of the Labor Dynamics Institute (LDI) at Cornell.[4] [5]

Abowd is the 2014 president of the Society of Labor Economists.[6] He was chair in 2013 for the Business and Economic Statistics Section and fellow of the American Statistical Association. He is an elected member of the International Statistical Institute (2012). Abowd served as a distinguished senior research fellow at the United States Census Bureau from 1998 to 2012. He also served on the National Academies' Committee on National Statistics from 2010 to 2013[7] and as director of the Cornell Institute for Social and Economic Research (CISER) from 1999 to 2007.

Abowd has been the principal investigator or co-principal investigator for multiyear grants and contracts from the National Science Foundation, the U.S. Census Bureau, and the Alfred P. Sloan Foundation.[8] [9] [10] [11]

Abowd, along with John Haltiwanger and Julia Lane, received the 2014 Roger Herriot Award from the American Statistical Association for work improving federal data collection, and in particular work developing and disseminating employee-employer matched data through the Census Bureau's LEHD Program.[12] [13]

Current research

Abowd's current research focuses on the creation, dissemination, privacy protection, and use of matched longitudinal data on employers and employees. Abowd helped to found and continues to provide scientific leadership for the U.S. Census Bureau's Longitudinal Employer-Household Dynamics Program, which integrates censuses, demographic surveys, economic surveys, and administrative data to produce research and public-use data.[14]

Abowd's other research interests include network models for integrated labor market data; statistical methods for confidentiality protection of microdata, including the creation of synthetic data; international comparisons of labor market outcomes; executive compensation; bargaining and other wage-setting institutions; and the econometric tools of labor market analysis.

Major contributions to economics

Abowd has published a large number of articles on a variety of subjects in labor economics. His work has appeared in the American Economic Review, Econometrica, the Review of Economics and Statistics, the Quarterly Journal of Economics, the Journal of the American Statistical Association, the Journal of Business and Economic Statistics, the Journal of Econometrics, and other major economics and statistics journals.

Among Abowd's most influential articles was "High Wage Workers and High Wage Firms",[15] in which Abowd, Francis Kramarz, and David Margolis used a matched sample of French employees and employers to decompose annual compensation into components related to observable employee characteristics, personal heterogeneity, firm heterogeneity, and residual variation. Their econometric approach, now widely referred to as the "AKM decomposition," laid the groundwork for a large body of subsequent research using employee-employer linked data in labor economics to understand topics including inter-industry wage differentials, firm size-wage effects, and job search and matching in the labor market.

In other widely cited work with David Card, Abowd used longitudinal data to analyze changes in individual earnings and hours over time.[16] Abowd and Card explored the covariance structure of earnings and hours and interpreted them in the context of a life-cycle model of labor supply.

Abowd also has written extensively on executive compensation,[17] and in particular on whether performance-based compensation affects corporate performance.[18]

External links

Notes and References

  1. "Cornell University Professor Abowd Named to Lead Census Bureau Research and Methodology Directorate", US Census Bureau, December 10, 2015. Release CB15-207. https://www.census.gov/newsroom/press-releases/2015/cb15-207.html
  2. https://courses.cit.cornell.edu/jma7/Abowd-John-M-short-bio-current.pdf Short Biography of John M. Abowd
  3. https://courses.cit.cornell.edu/jma7/abowdcv.html John M. Abowd's Curriculum Vitae
  4. http://www.ilr.cornell.edu/ldi/ Labor Dynamics Institute at Cornell University
  5. http://www.news.cornell.edu/stories/2011/10/labor-dynamics-institute-study-labor-market "New Labor Dynamics Institute to Shed New Light on Labor Market," Cornell Chronicle, October 5, 2011.
  6. http://www.sole-jole.org/ Society of Labor Economists
  7. http://sites.nationalacademies.org/dbasse/cnstat/dbasse_070682 National Academies' Committee on National Statistics
  8. https://archive.today/20130628224646/http://cornellsun.com/node/13057 "NSF Awards $2.9 Million Grant," Cornell Daily Sun, October 31, 2004.
  9. https://archive.today/20130628230329/http://cornellsun.com/section/news/content/2011/11/01/ilr-school-receives-3-million-improve-census-data "ILR School Receives $3 Million To Improve Census Data," Cornell Daily Sun, November 1, 2011.
  10. http://www.news.cornell.edu/stories/2011/10/ilr-receives-3-million-study-us-census-data "NSF grant funds ILR research to unlock U.S. Census data," Cornell Chronicle, October 17, 2011.
  11. http://www.news.cornell.edu/stories/2009/07/gateway-will-bridge-social-sciences-data-resources "NSF grant opens gateway to vast computing resources," Cornell Chronicle, July 27, 2009.
  12. http://www.amstat.org/sections/ssoc/rogerherriot.html ASA Roger Herriot Award
  13. http://www.news.cornell.edu/stories/2014/06/statisticians-honor-census-scientist-john-abowd "Statisticians to Honor Census Scientist John Abowd," Cornell Chronicle, June 17, 2014.
  14. http://lehd.ces.census.gov/ Longitudinal Employer-Household Dynamics Program at the U.S. Census Bureau
  15. Abowd, John, Francis Kramarz, and David Margolis. (1999) "High Wage Workers and High Wage Firms." Econometrica 67(2): 251-333.
  16. Abowd, John and David Card. (1989) "On the Covariance Structure of Earnings and Hours Changes." Econometrica 57(2): 411-445.
  17. Abowd, John. (1999) "Executive Compensation: Six Questions that Need Answering." Journal of Economic Perspectives 13: 145-168.
  18. Abowd, John. (1990) "Does Performance-Based Managerial Compensation Affect Corporate Performance?" Industrial and Labor Relations Review 43(3): 52S-73S.