Lilien (1982) suggests a dispersion measure that is a weighted average of squared deviations of industry employment growth rates from aggregate employment growth.
What does DM stand for?
DM stands for Dispersion Measure
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Samples in periodicals archive:
Distribution of P90/10 earnings dispersion measure across occupations for selected percentiles, 1999 Characteristics P10 P25 P50 Men All year-round full-time workers 2.
Dispersion is the average of the absolute values of the revisions: [Sigma]|P - L|/n Relative dispersion expresses the dispersion as a percentage of the average of the absolute values of the latest available estimates: [Sigma]|P - L|/n/[Sigma]|L|/n The two dispersion measures are emphasized in this article because the bias estimates are generally small, and small changes in the time period examined often result in substantial changes in the measures of bias.