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probabilities. Attenuation bias is considerably weaker in rank-based measures. Life-cycle bias is strongest in the elasticity …
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at least 15 percent, and perhaps as much as 42 percent, of measured mobility is upward bias due to measurement error. The … biased upward due to measurement error in income and expenditure data collected from household surveys. This paper examines … how to reduce or remove this bias using instrumental variable methods, and provides conditions that instrumental variables …
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Measurement error in historical data distorts descriptive analyses based on binary classifications. Modern replications … of deficiencies in retrospective CPI estimates for the 19th century show that measurement issues cause misclassification …. Using various approaches to control for measurement error in 19th century US CPI data, a series of stylized facts emerge: (i …
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We propose a first order bias correction term for the Gini index to reduce the bias due to grouping. The first order … correction term is obtained from studying the estimator of the Gini index within a measurement error framework. In addition, it … reveals an intuitive formula for the remaining second order bias which is useful in empirical analyses. We analyze the …
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