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-individual estimators in short panels, we develop bias corrections. These corrections are based on higher-order asymptotic expansions of the … estimators have asymptotic biases of the same order as their asymptotic standard deviations. The bias corrections remove the bias …
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estimator is biased in the context of dynamic estimation. The estimators taking into account the resulting bias can be grouped … broadly into the class of instrumental estimators and the class of direct bias corrected estimators. The simulation results … clearly favour the direct bias corrected estimators, especially the estimator proposed by Hansen (2001). The superiority of …
Persistent link: https://www.econbiz.de/10010295751
methods perform that promise to reduce such a bias. Based on data of the German Socio-Economic Panel (SOEP), which covers … indicate that weighting by inverse mobility scores reduces the bias to about 60 percent whereas the official longitudinal … weights obtained by calibration result in a bias reduction of about 80 percent. The estimation of loglinear models for …
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largely free of bias arising from an association between treatment status and observable variables. However, matching methods … are not robust against 'hidden bias' arising from unobserved variables that simultaneously affect assignment to treatment … resultieren. Matchingverfahren sind allerdings anfällig für Schätzverzerrungen aufgrund von 'hidden bias' durch unbeobachtete …
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fixed effects estimator, which ignores measurement errors, is biased. By correcting for the bias one can construct …
Persistent link: https://www.econbiz.de/10010264605
This paper introduces bias-corrected estimators for nonlinear panel data models with both time invariant and time …/selection bias. We then estimate the primary equation by fixed effects including an appropriately constructed control function from … both steps might employ nonlinear fixed effects procedures it is necessary to bias adjust the estimates due to the …
Persistent link: https://www.econbiz.de/10010268162
In the presence of selection bias, traditional estimators of pseudo panel data are inconsistent. In this paper, the … selection bias. Specifically, they propose a Wald test for the null hypothesis that there is no selection bias. Under rejection …-panel regressions to test for selection bias and estimate the returns to education in Colombia. The authors corroborate the existence of …
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