Chandrasekhar, Arun Gautham; Goldsmith-Pinkham, Paul; … - National Bureau of Economic Research - 2024
models. We show that estimates of diffusions are highly non-robust to this measurement error. First, we show that even when … measurement error is vanishingly small, such that the share of missed links is close to zero, forecasts about the extent of … measurement error is only local in nature. Such non-robustness in forecasting exists even under conditions where the basic …