Showing 1 - 10 of 2,884
In linear regression models, measurement error in a covariate causes Ordinary Least Squares (OLS) to be biased and …
Persistent link: https://www.econbiz.de/10014388449
While stock market expectations are among the most important primitives of portfolio choice models, their measurement … has proved challenging for some respondents. We argue that the magnitude of measurement error in subjective expectations … model parameters for respondents at the lower end of the measurement error distribution; these effects are much less …
Persistent link: https://www.econbiz.de/10010414230
Meijer, Rohwedder, and Wansbeek (MRW, Journal of Business & Economic Statistics, 2012) develop methods for prediction of a single earnings figure per worker from mixture factor models fitted using earnings data from multiple linked data sources. MRW apply their method using parameter estimates...
Persistent link: https://www.econbiz.de/10012485862
possible measurement error. We combine self-reported data on BMI with estimated misclassification rates obtained from auxiliary … obtain meaningful comparisons across countries even after accounting for measurement error. In particular the self … differences in obesity rates within countries. -- obesity ; measurement error ; bounds …
Persistent link: https://www.econbiz.de/10009721319
of measurement error in self-reported BMI and to look at the consequences of using self-reported measures when estimating … significant measurement error and this error is negatively correlated with the true measure of BMI. In our analysis this non …-classical measurement error causes the traditional approach to overestimate the relationship between BMI and both income and education …
Persistent link: https://www.econbiz.de/10009665420
In empirical research, measuring correctly the benefits of welfare interventions is incredibly relevant for policymakers as well as academic researchers. Unfortunately, the endogenous program participation is often misreported in survey data and standard instrumental variable techniques are not...
Persistent link: https://www.econbiz.de/10012243324
Estimators that exploit an instrumental variable to correct for misclassification in a binary regressor typically assume that the misclassification rates are invariant across all values of the instrument. We show that this assumption is invalid in routine empirical settings. We derive a new...
Persistent link: https://www.econbiz.de/10012266298
Lottery estimates suggest oversubscribed urban charter schools boost student achievement markedly. But these estimates needn't capture treatment effects for students who haven't applied to charter schools or for students attending charters for which demand is weak. This paper reports estimates...
Persistent link: https://www.econbiz.de/10010510717
This paper presents a new method to correct for measurement error in wage data and applies this method to address an … a cut in nominal wages is substantially overstated in data that is not corrected for measurement error. …
Persistent link: https://www.econbiz.de/10002429509
Persistent link: https://www.econbiz.de/10002072197