Portela, Miguel; Alessie, Rob; Teulings, Coenraad N. - CESifo - 2006
error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the … the measurement error. The standard attenuation bias suggests that using these corrected data would lead to a higher … coefficient. Our regressions reveal the opposite. We discuss why the measurement error yields an overestimation. Our analysis …