Showing 1 - 10 of 2,428
test two main hypotheses: (i) whether for items not perfectly observable, individuals suffer of some type of bias in these … beliefs; (ii) whether this bias would disappear for weight and height, when the information is perfectly available. We find a … powerful and ubiquitous bias in perceptions that is "self-centered" in the sense that those at extremes tend to perceive …
Persistent link: https://www.econbiz.de/10010488302
European countries for more than a decade, we estimate time-varying individual level bias in 'survival expectations' (BSE) at …
Persistent link: https://www.econbiz.de/10012703131
We study the impact of media bias on tax compliance. Through a framed laboratory experiment, we assess how the exposure … significant reaction in respect to the neutral condition, suggesting that participants perceive the media negativity bias in the …
Persistent link: https://www.econbiz.de/10012164665
Exponential growth bias (EGB) is the pervasive tendency of people to perceive a growth process as linear when, in fact … positive cases in the future. The bias is positively correlated with optimistic expectations about the future macroeconomic … to Baseline, b) Feedback-N, Feedback-G, and Forecast significantly reduce bias relative to both Baseline and Step, c) the …
Persistent link: https://www.econbiz.de/10012288390
This paper introduces bias-corrected estimators for nonlinear panel data models with both time invariant and time …/selection bias. We then estimate the primary equation by fixed effects including an appropriately constructed control function from … both steps might employ nonlinear fixed effects procedures it is necessary to bias adjust the estimates due to the …
Persistent link: https://www.econbiz.de/10003540299
In this paper the extensive empirical literature on the gender wage gap is reviewed with particular attention given to the identification of the key parameters in the specified human capital wage regression models. This aspect has been of great importance in the literature chiefly for two...
Persistent link: https://www.econbiz.de/10011336850
endogeneity and attrition/non-response bias, using two instrumental variables. Making use of a discrete instrument for the …
Persistent link: https://www.econbiz.de/10011348296
estimates for a number of reasons. Consequently, if we neglect this potential bias in OLS when estimating the gender wage gap …
Persistent link: https://www.econbiz.de/10011316913
Since interventions by the public sector generally commit substantial societal resources, the evaluation of effects and costs of policy interventions is imperative. This paper outlines why program evaluation should follow well-respected scientific standards and why it should be performed by...
Persistent link: https://www.econbiz.de/10011316914
the determinants of the least squares bias of the wage return to education. We find that disregarding individual fixed … effects is highly problematic, accounting for 95% of the bias. In contrast, disregarding firm fixed effects has marginal …
Persistent link: https://www.econbiz.de/10010487490