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The approximate effects of measurement error on a variety of measures of inequality and poverty are derived. They are shown to depend on the measurement error variance and functionals of the error-contaminated income distribution, but not on the form of the measurement error distribution, and to...
Persistent link: https://www.econbiz.de/10010638072
This paper develops an extension of the classical multinomial logit model which approximates a class of models obtained when there is uncontrolled taste variation across agents and choices in addition to the stochastic noise inherent in the logit model. Unlike semiparametric and parametric...
Persistent link: https://www.econbiz.de/10010638147
This paper develops an extension of the classical multinomial logit model which approximates a class of models obtained when there is uncontrolled taste variation across agents and choices in addition to the stochastic noise inherent in the logit model. Unlike semiparametric and parametric...
Persistent link: https://www.econbiz.de/10005168109
The approximate effects of measurement error on a variety of measures of inequality and poverty are derived. They are shown to depend on the measurement error variance and functionals of the error-contaminated income distribution, but not on the form of the measurement error distribution, and to...
Persistent link: https://www.econbiz.de/10005672651
Persistent link: https://www.econbiz.de/10005672898