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estimates in this subset of the literature. The bias is greatest for the largest estimates, possibly because the high …. Estimates from lower-income countries exhibit less bias but remain unreliable for benefit-cost analysis. Unlike labor market …
Persistent link: https://www.econbiz.de/10012841765
estimates, particularly for studies based on international data. This pattern of publication bias effects is consistent with … statistically significant publication selection effects. Adjusting a baseline bias-adjusted U.S. VSL estimate of $9.6 million using …
Persistent link: https://www.econbiz.de/10012965813
, as one might expect, given the subjective nature of the best-set selection process. While “best estimate selection bias … of the VSL are similar to those in the all-set sample. The bias-corrected estimate of the VSL for the all-set USA sample …
Persistent link: https://www.econbiz.de/10012962820
Meta-regression estimates of the value of a statistical life (VSL) controlling for publication selection bias often … yield bias-corrected estimates of VSL that are substantially below the mean VSL estimates. Labor market studies using the … bias-corrected estimates than do studies based on earlier fatality rate measures. These results are borne out by the …
Persistent link: https://www.econbiz.de/10014140930
This study examines the relationship between healthcare expenditure and disposable income in the 50 US states over the period 1966-2009 using fractional integration and cointegration techniques. The degree of integration and nonlinearity of both series are found to vary considerably across...
Persistent link: https://www.econbiz.de/10011280006
This study examines the relationship between healthcare expenditure and disposable income in the 50 US states over the period 1966-2009 using fractional integration and cointegration techniques. The degree of integration and non-linearity of both series are found to vary considerably across...
Persistent link: https://www.econbiz.de/10011283833
This study examines the relationship between healthcare expenditure and disposable income in the 50 US states over the period 1966-2009 using fractional integration and cointegration techniques. The degree of integration and non-linearity of both series are found to vary considerably across...
Persistent link: https://www.econbiz.de/10013019858
This study examines the relationship between healthcare expenditure and disposable income in the 50 US states over the period 1966-2009 using fractional integration and cointegration techniques. The degree of integration and nonlinearity of both series are found to vary considerably across...
Persistent link: https://www.econbiz.de/10014135216
Persistent link: https://www.econbiz.de/10010360895
It is commonly accepted that information is helpful if it can be exploited to improve a decision making process. In economics, decisions are often based on forecasts of up- or downward movements of the variable of interest. We point out that directional forecasts can provide a useful framework...
Persistent link: https://www.econbiz.de/10003893151