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Empirical studies of the role of non-cognitive skills in driving economic behavior often rely heavily on the assumption that these skills are stable over the relevant time frame. We analyze the change in a specific non-cognitive skill, i.e. locus of control, in order to directly assess the...
Persistent link: https://www.econbiz.de/10010278759
mismeasured. The measurement error need not be classical. Employing the small measurement error approximation, we establish …
Persistent link: https://www.econbiz.de/10014581847
from one sample is exploited as an instrument for the other sample to derive a correction for the measurement error …
Persistent link: https://www.econbiz.de/10010293017
The perpetual inventory method used for the construction of education data per country leads to systematic measurement … error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the … the measurement error. The standard attenuation bias suggests that using these corrected data would lead to a higher …
Persistent link: https://www.econbiz.de/10010325186
The number of variables related to long-run economic growth is large compared with the number of countries. Bayesian model averaging is often used to impose parsimony in the cross-country growth regression. The underlying prior is that many of the considered variables need to be excluded from...
Persistent link: https://www.econbiz.de/10011605280
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/10010262069
construct and estimate sharp bounds on household size and find that the degree of these measurement errors is non …
Persistent link: https://www.econbiz.de/10010269073
The perpetual inventory method used for the construction of education data per country leads to systematic measurement … error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the … the measurement error. The standard attenuation bias suggests that using these corrected data would lead to a higher …
Persistent link: https://www.econbiz.de/10010270563
The perpetual inventory method used for the construction of education data per country leads to systematic measurement … error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the … the measurement error. The standard attenuation bias suggests that using these corrected data would lead to a higher …
Persistent link: https://www.econbiz.de/10010276810
memory of disturbances, latent regressors and measurement errors is considered. Finite sample properties of GMM estimators …
Persistent link: https://www.econbiz.de/10010330209