In this paper we show that omitted variables and publication bias lead to severely biased estimates of the value of a statistical life. Although our empirical results are obtained in the context of a study of choices about road safety, we suspect that the same issues plague the estimation of...

We reconsider Taupin's (2001) Integrated Nonlinear Regression (INLR) estimator for a nonlinear regression with a mismeasured covariate. We find that if we restrict the distribution of the measurement error to the class of range-restricted distributions, then weak smoothness assumptions suffice...

Studies have shown a decreasing trend in the U.S. gender earnings gap since the 1980s. The authors work with a framework established by Blau and Kahn (1997 JOLE; 2006 ILRR), who used the Michigan Panel of Income Dynamics (PSID) to decompose that gap into observable and unobservable components in...

Is the choice of an error measure to identify the most accurate forecasting method a question of personal taste? It appears that this may be the case although the papers by Armstrong and Collopy and by Fildes argue that it should not be. Carbone and Armstrong (1982) found that Root Mean Square...