Showing 1 - 10 of 919
In this paper we show that omitted variables and publication bias lead to severely biased estimates of the value of a …
Persistent link: https://www.econbiz.de/10013132340
In this paper, I present a simple characterization of the sample selection bias problem that is also applicable to the … problem of sample selection bias is fit within the conventional specification error framework of Griliches and Theil. A simple … estimator is discussed that enables analysts to utilize ordinary regression methods to estimate models free of selection bias …
Persistent link: https://www.econbiz.de/10013222664
and show they behave well in realistic scenarios, correcting the large bias problem of the full sample estimator. We use … data from the National JTPA Study and the Tennessee STAR experiment to demonstrate the performance of alternative …
Persistent link: https://www.econbiz.de/10013071514
In this paper we derive the standard error of a price index when both prices and tastes or technology are treated as stochastic. Changing tastes or technology are a reason for the weights in the price index to be treated as stochastic, which can interact with the stochastic prices themselves. We...
Persistent link: https://www.econbiz.de/10013228273
Conventional estimates of the impact of taxes on investment may be seriously biased by measurement error in the cost of capital. The existence and size of such error, however, has not been documented. Using panel data on different types of capital equipment, this paper provides direct evidence...
Persistent link: https://www.econbiz.de/10013245307
We propose a first order bias correction term for the Gini index to reduce the bias due to grouping. The first order … reveals an intuitive formula for the remaining second order bias which is useful in empirical analyses. We analyze the … it reduces a considerable share of the bias due to grouping. …
Persistent link: https://www.econbiz.de/10010325812
This paper uses newly available Chinese micro data to estimate the return to college education for late 20th century China when allowing for heterogeneous returns among individuals selecting into schooling based on these differences. We use recently developed semiparametric methods to identify...
Persistent link: https://www.econbiz.de/10013221843
CPS makes no effort to follow movers, these panels exhibit significant attrition, which may lead to bias in longitudinal … construct 'data-based' rather than 'model-based' corrections for bias from selective attrition. The approach is applied to a … statistically insignificant evidence of attrition bias. In contrast, the longitudinal analysis of the marriage premium for males …
Persistent link: https://www.econbiz.de/10013243925
We propose a first order bias correction term for the Gini index to reduce the bias due to grouping. The first order … reveals an intuitive formula for the remaining second order bias which is useful in empirical analyses. We analyze the … it reduces a considerable share of the bias due to grouping …
Persistent link: https://www.econbiz.de/10012722922
Some empirical results are more likely to be published than others. Such selective publication leads to biased estimates and distorted inference. This paper proposes two approaches for identifying the conditional probability of publication as a function of a study's results, the first based on...
Persistent link: https://www.econbiz.de/10012959370