Search Results - subject:"measurement errors."

Convergence and Stability in U.S. Employment Rates

Rowthorn, Robert; Glyn, Andrew J - In: Contributions in Macroeconomics 6 (2006) 1, pp. 1-43

Abstract Since the seminal work of Blanchard and Katz, it has been widely believed that interstate migration causes state-level employment rates in the United States to revert rapidly to normal following a regional employment shock. This paper identifies two sources of bias in conventional...

Persistent link: https://www.econbiz.de/10015359930

Distribution of Preferences and Measurement Errors in a Disaggregated Expenditure System+

Aasness, Jørgen; Biørn, Erik; Skjerpen, Terje - 1995

Norwegian household panel data. Measurement errors are carefully modelled. Total consumption expenditure is modelled as a latent … factor analysis of uncorrelated measurement errors is also clearly rejected. In particular, we find positive correlation … between measurement errors (purchase residuals) of food groups which may be explained by rational shopping behavior of the …

Persistent link: https://www.econbiz.de/10011967921

Distribution of Preferences and Measurement Errors in a Disaggregated Expenditure System+

Aasness, Jørgen; Biørn, Erik; Skjerpen, Terje - Statistisk Sentralbyrå, Government of Norway - 1995

Persistent link: https://www.econbiz.de/10004980713

Automobile Prices and Quality Changes : A Hedonic Price Analysis of Japanese Automobile Market

Shiratsuka, Shigenori - In: Monetary and Economic Studies 13 (1995) 2, pp. 1-44

As an application of the hedonic approach, this paper provides empirical evidence showing why the Japanese CPI has failed to account for quality changes in automobiles. The paper find first that, between 1990-94, quality-adjusted price index for automobiles declined 0.3% annually, while the...

Persistent link: https://www.econbiz.de/10010819371

Effects of Quality Changes on the Price Index: A Hedonic Approach to the Estimation of a Quality Adjusted Price Index for Personal Computers in Japan

Shiratsuka, Shigenori - In: Monetary and Economic Studies 13 (1995) 1, pp. 17-52

This paper studies the effects of quality changes on Japan's CPI by estimating a quality adjusted price index (hedonic price index) for discounted personal computers during 1990-94. According to the result, quality adjusted prices for personal computers in Japan have declined at an annual rate...

Persistent link: https://www.econbiz.de/10010750308

Higher Moment Estimators for Linear Regression Models With Errors in the Variables

Dagenais, Denyse L.; Dagenais, Marcel - Centre Interuniversitaire de Recherche en Analyse des … - 1995

reasonable assumptions, when there are measurement errors. While most consistent estimators based on higher moments (HM) proposed … presence of even small measurement errors and using traditonal OLS estimators may lead to performing standard Student t … measurement errors are not very important. Such cases are frequently encountered in analyses of survey data. Tests for the …

Persistent link: https://www.econbiz.de/10005168997

Theoretical conditions under which monetary policies are effective and practical obstacles to their verification

Swamy, P.; Tavlas, George - In: Economic Theory 25 (2005) 4, pp. 999-1005

literature characterizes as good policies. We show that the biasing effects of omitted variables, measurement errors, and …

Persistent link: https://www.econbiz.de/10005370809

The use of warnings when intended and measured emissions differ

Sandra, Rousseau - Centrum voor Economische Studiën, Faculteit Economie … - 2005

measurement errors or accidental violations, some firms are unjustly penalised. As warnings provide a buffer period in which the …

Persistent link: https://www.econbiz.de/10005808079

Empirical Best Linear Unbiased Prediction in Misspecified and Improved Panel Data Models with an Application to Gasoline Demand

Chang, I-Lok; Swamy, P.A.V.B.; Wisam, Yaghi - Society for Computational Economics - SCE - 2005

We emphasize using our solutions to the problems of omitted variables, measurement errors, and unknown functional forms …

Persistent link: https://www.econbiz.de/10005345062

Criminometrics, Latent Variables, Panel Data, and Different Types of Crime

Aasness, Jørgen; Eide, Erling; Skjerpen, Terje - 1994

A behavioural model of crime is developed and applied to panel data on the number of crimes and clear-ups for the 53 police districts in Norway for the period 1970-78. Data on both total crime and on 12 different types of crime is employed. The model consists of behavioural relations of the...

Persistent link: https://www.econbiz.de/10011967896