measurement error in consumption data. The error in consumption data has the potential to magnify the equity premium puzzle in a … also empirically estimates a ballpark figure for the variance of measurement error and demonstrates a significant … resolution of the puzzle by including measurement error in the model …

the household budget constraint. In this paper we use transaction-level retail investment data to assess the measurement …

of distribution functions reveals the combined effect ofsystematic differences in measurement and measurement error …. Using a pseudo cross-section approach, Ieliminate the effect of measurement error and find that using a high level of … examine the consequences of using the short consumption questionnaire in welfareanalysis. Higher relative measurement error in …

the household budget constraint. In this paper we use transaction-level retail investment data to assess the measurement …

budget constraint. In this paper we use transaction-level retail investment data to assess the measurement error that can …