Showing 1 - 10 of 190
estimated time-varying bias can be used to improve the SPF and Green Book inflation forecast performance by at least 13.4%. This … paper also documents evidence that the real interest rate plays a crucial role in explaining the level of bias that leads to …
Persistent link: https://www.econbiz.de/10005014957
This study aimed to clarify the value of the bias beta stocks listed on the Indonesia Stock Exchange and make … corrections to the bias value using Scholes and Williams, Dimson, and Fowler and Rorke. Results of this study indicate that the … stock beta is the value of bias, besides the results normality test also confirmed that the distribution of stock returns of …
Persistent link: https://www.econbiz.de/10009651409
market for experts. The information the expert reveals decreases as his bias moves toward stronger preference for the status …, revealing the intensity of the expert's bias doesn't always improve the information he reveals in equilibrium. The presence of a …
Persistent link: https://www.econbiz.de/10009368142
for the bias in OLS estimation of a general ARX(p) model. …
Persistent link: https://www.econbiz.de/10008693551
Non-response bias refers to the mistake one expects to make in estimating a population characteristic based on a sample … misdirected policy action. Therefore, considerable attention has been given to the problem of non-response bias, both at the …
Persistent link: https://www.econbiz.de/10008694177
This paper extends the notion of the rational agent in economics by acknowledging the role of the unconscious in the agent's decision-making process. It argues that the unconscious can be modelled by a rational agent with his own objective function and set of information. The combination of both...
Persistent link: https://www.econbiz.de/10010667914
The extinction of polar bears by the end of the 21st century has been predicted and calls have been made to list them as a threatened species under the U.S. Endangered Species Act. The decision on whether or not to list rests upon forecasts of what will happen to the bears over the 21st Century....
Persistent link: https://www.econbiz.de/10005836045
An economic model is introduced to discuss the impacts of rural migration on skills in source and destination localities and regions. Two versions of the model are used without and with risks. In this context, the model considers that rural migration is determined by the demand for education and...
Persistent link: https://www.econbiz.de/10008543802
bias to insignificance, whereas irrelevant information reduces bias but does not eliminate it. Relevant information …
Persistent link: https://www.econbiz.de/10008549638
source of bias in the estimation of the VAR error covariance matrix. The bias is easily corrected with a straightforward … scale adjustment. This bias is often unrecognized because it only affects the bootstrap estimates of the error variance, not … example from the literature, the bootstrap error variance bias can have significant distorting effects on bootstrap IRF …
Persistent link: https://www.econbiz.de/10008550553