Showing 71 - 80 of 479
Does media bias affect voting? We address this question by looking at the entry of Fox News in cable markets and its … bias and about politician quality. The Fox News effect could be a temporary learning effect for rational voters, or a …
Persistent link: https://www.econbiz.de/10012466500
immigrant high school dropouts. One data source -- the CPS -- is plagued by non-response and allocation bias from the hot …-deck procedure that biases upward the estimated return to the GED. Correcting for allocation bias and ability bias, there is no …
Persistent link: https://www.econbiz.de/10012466653
Our overall conclusions are surprisingly consistent across sources and eras, that the CPI bias was roughly -1.0 percent … our view substantially narrows the range of possibilities regarding the history of CPI bias for rental shelter over the …
Persistent link: https://www.econbiz.de/10012466895
quality when its reports conform to the consumer's prior expectations. We use this fact to build a model of media bias in … which firms slant their reports toward the prior beliefs of their customers in order to build a reputation for quality. Bias … emerges in our model even though it can make all market participants worse off. The model predicts that bias will be less …
Persistent link: https://www.econbiz.de/10012467012
This article summarizes our views on the role of an "aggregation bias" in explaining the PPP Puzzle, in response to the … counter-examples which are not empirically relevant; (ii) simulation results minimizing the extent of "aggregation bias"; (iii …) unfounded claims on the impact of measurement errors on our results; and (iv) problematic implementation of small-sample bias …
Persistent link: https://www.econbiz.de/10012467070
I explore the effects of education on nonmarket outcomes from both theoretical and empirical perspectives. Examples of outcomes considered include general consumption patterns at a moment in time, savings and the rate of growth of consumption over time, own (adult) health and inputs into the...
Persistent link: https://www.econbiz.de/10012467095
handle the potential for non-response bias and identify non-response using an affinity measure -- the potential respondent …-response. In the model describing earnings, estimated using the identified (for non-response bias) selectivity adjustments …
Persistent link: https://www.econbiz.de/10012467880
In this paper we show that omitted variables and publication bias lead to severely biased estimates of the value of a …
Persistent link: https://www.econbiz.de/10012468292
aggregation bias'. This paper re-examines aggregation bias. First, it clarifies the meaning of aggregation bias and its … applicability to the PPP puzzle. Second, the size of the bias' is shown to be much smaller than the simulations in Imbs et. al …. Finally, it is now standard to recognize that small-sample bias plagues estimates of speeds of convergence of PPP. After …
Persistent link: https://www.econbiz.de/10012468389
This paper uses newly available Chinese micro data to estimate the return to college education for late 20th century China when allowing for heterogeneous returns among individuals selecting into schooling based on these differences. We use recently developed semiparametric methods to identify...
Persistent link: https://www.econbiz.de/10012468820