Showing 1 - 10 of 8,166
evaluating bias in VA is to test for balance in lagged values of the outcome, based on the intuition that today's inputs cannot …, tests for balance using lagged outcomes do not provide robust information about the degree of bias in value-added models for … structure even in large datasets. We conclude that bias in VA models is better evaluated using techniques that are less …
Persistent link: https://www.econbiz.de/10012456713
To estimate causal effects from observational data, an applied researcher must impose beliefs. The instrumental variables exclusion restriction, for example, represents the belief that the instrument has no direct effect on the outcome of interest. Yet beliefs about instrument validity do not...
Persistent link: https://www.econbiz.de/10012456059
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/10012478957
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/10012468292
observations in empirical analyses. Errors in such measures may bias parameter estimation, but it remains unclear how large such … multiple imputation, a standard statistical imputation technique so far untested in this setting, effectively reduces bias and …
Persistent link: https://www.econbiz.de/10013537755
In this paper I analyze the relationships among investment, q, and cash flow in a tractable stochastic model in which marginal q and average q are identically equal. After analyzing the impact of changes in the distribution of the marginal operating profit of capital, I extend the model to...
Persistent link: https://www.econbiz.de/10012457120
Field experiments rely heavily on self-reported data, but subjects may misreport behaviors, especially sensitive ones such as crime. If treatment influences survey responses, it biases experimental estimates. We develop a validation technique that uses intensive qualitative work to assess survey...
Persistent link: https://www.econbiz.de/10012457221
We provide a new and superior measure of U.S. GDP, obtained by applying optimal signal-extraction techniques to the (noisy) expenditure-side and income-side estimates. Its properties - particularly as regards serial correlation - differ markedly from those of the standard expenditure-side...
Persistent link: https://www.econbiz.de/10012459708
To what extent does "false science" impact the rate and direction of scientific change? We examine the impact of more than 1,100 scientific retractions on the citation trajectories of articles that are related to retracted papers in intellectual space but were published prior to the retraction...
Persistent link: https://www.econbiz.de/10012460161
Test-based accountability including value-added assessments and experimental and quasi-experimental research in education rely on achievement tests to measure student skills and knowledge. Yet we know little regarding important properties of these tests, an important example being the extent of...
Persistent link: https://www.econbiz.de/10012460650