Gibson, John K. (contributor); Kim, Bonggeun (contributor) - 2007
textbook
errors-in-variables model can either reverse or strengthen stylized facts that emerge from
empirical research that … general (non-classical) errors-in-variables model:
*2
12
()()
it i it it t it it
y XX U vθαγ γ λβ ε … parameter,
R( )
ˆ
s
λ and measure its size relative
to the (conventional) errors-in-variables bias that may be present in the …