this upward bias results from aggregation along the extensive industry margin, which is why the bias is much smaller and …We propose and apply a new theory-consistent algorithm, which uses disaggregated inter-city trade data to identify a … only marginally significant if estimation is conducted in a theory-consistent way at the disaggregated industry level. …

forecaster is more likely to bias the forecast associated with the policy that is (i) less likely to be selected in the …

fixed effects estimator, which ignores measurement errors, is biased. By correcting for the bias one can construct …. -- Panel regression ; multiplicative measurement errors ; bias correction ; asymptotic variance ; disclosure control …

lives for three periods. Our results show how a paternalistic government may correct for the effects of anticipation-bias … ; adaptation ; habit-formation ; anticipation-bias ; paternalism …

show that this time consistency problem leads to a systematic downward bias in fertility choices. By keeping fertility low …, families try to mitigate the ex-ante undesired shift in the power balance. This bias in fertility choices provides scope for … overcome the fertility bias. -- fertility ; family policy ; household allocation …

to a fiscal deficit bias at the early stages of financial liberalization. When countries differ in terms of capital …. Consistent with theory, I find that stronger tax competition increases deficits in a sample of OECD countries, controlling for …

This paper considers the implications of an important cognitive bias in information processing, confirmation bias, in a …, we show that when voters have this bias, it decreases pandering by the incumbent, and can raise voter welfare as a … evolution of confirmation bias can lead to more pandering before the first election. Finally, we show that when confirmation …

, this channel for supply-driven media bias has not previously been analyzed in economics literature. We model the … provide to a media firm. Strategic interactions between these agents may have a significant impact on the level of media bias … made available to the audience. -- news sources ; media bias ; informal contracts …