Intergenerational persistence estimates are susceptible to several well-documented biases arising from income measurement, and it has become standard practice to construct income measures to mitigate these. However, remaining bias can lead to a spurious grandparent coefficient estimate in...

Measurement of R&D activities is fuzzy because of different opinions of recorders as to what counts as R&D. This can lead to downward bias of the estimates due to the classical errors-in-variables (CEV) problem. To solve this problem, one can compare the panel data estimates with cross-sectional...