Similar Search Results

Menkveld, Albert J. - 2021

In statistics, samples are drawn from a population in a data-generating process (DGP). Standard errors measure the uncertainty in sample estimates of population parameters. In science, evidence is generated to test hypotheses in an evidence-generating process (EGP). We claim that EGP variation...

Persistent link: https://www.econbiz.de/10013312068

Measurement Error in Education and Growth Regressions

Portela, Miguel; Alessie, Rob J. M.; Teulings, Coen N. - 2006

The perpetual inventory method used for the construction of education data per country leads to systematic measurement … error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the … the measurement error. The standard attenuation bias suggests that using these corrected data would lead to a higher …

Persistent link: https://www.econbiz.de/10010270563

Multicollinearity in the Presence of Errors-in-Variables Can Increase the Probability of Type-I Error

Komlos, John - 2019

Multicollinearity, especially in combination with errors-in-variables, can increase the likelihood of a Type-I error by inflating the value of the estimated coefficients by more than it magnifies their standard errors, thereby increasing the likelihood of obtaining statistically significant...

Persistent link: https://www.econbiz.de/10012892129

Self-Confidence and Reactions to Subjective Performance Evaluations

Bellemare, Charles - 2019

Subjective performance evaluations are commonly used to provide feedback and incentives to workers. However, such evaluations can generate significant disagreements and conflicts, the severity of which may be driven by many factors. In this paper we show that a workers’ level of...

Persistent link: https://www.econbiz.de/10012892258

Measuring the Competitiveness of Elections

Cox, Gary W. - 2019

The concept of electoral competition plays a central role in many subfields of political science, but no consensus exists on how to measure it. One key challenge is how to conceptualize and measure electoral competitiveness at the district level across alternative electoral systems. Recent...

Persistent link: https://www.econbiz.de/10012892168

Airline Delay Propagation : A Simple Method for Measuring its Extent and Determinants

Brueckner, Jan K.; Czerny, Achim Ingo; Gaggero, Alberto A. - 2021

This paper offers a simple approach for identifying propagated departure delays and measuring their contribution to arrival delays. Under our approach, a propagated departure delay occurs when the arrival delay of the inbound flight exceeds the subsequent flight’s ground buffer. The size (or...

Persistent link: https://www.econbiz.de/10013323093

On the Stability of Risk Preferences : Measurement Matters

Harm Adema, Joop Age; Nikolka, Till; Poutvaara, Panu; … - 2021

We exploit the unique design of a repeated survey experiment among students in four countries to explore the stability of risk preferences in the context of the COVID-19 pandemic. Relative to a baseline before the pandemic, we find that self-assessed willingness to take risks decreased while the...

Persistent link: https://www.econbiz.de/10013324220

Measuring the Economic Risk of Epidemics

Noy, Ilan - 2020

We measure the economic risk of epidemics at a geo-spatially detailed resolution. In addition to data about the epidemic hazard prediction, we use data from 2014-2019 to compute measures for exposure, vulnerability, and resilience of the local economy to the shock of an epidemic. Using a battery...

Persistent link: https://www.econbiz.de/10012844211

Inequality Measurement and Tax/Transfer Policy

Apps, Patricia - 2020

We provide a critique of the standard methodology which bases welfare comparisons between households on deflating household income and consumption by an equivalence scale. We argue that this leads to support for tax/transfer policies that significantly disadvantage low to middle in-come...

Persistent link: https://www.econbiz.de/10012830349

Measuring Monetary Policy with Residual Sign Restrictions at Known Shock Dates

Badinger, Harald - 2020

We propose a novel identification strategy to measure monetary policy in a structural VAR. It is based exclusively on known past policy shocks, which are uncovered from high-frequency data, and does not rely on any theoretical a-priori restrictions. Our empirical analysis for the euro area...

Persistent link: https://www.econbiz.de/10012822501