Search Results - subject:"measurement errors."

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

Aasness, Jørgen; Eide, Erling; Skjerpen, Terje - Statistisk Sentralbyrå, Government of Norway - 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/10004980886

Can Measurement Errors or Seasonal Adjustments Explain the Negative Autocorrelation of U.S. Monthly Consumption Changes?

Ermini, Luigi - Department of Economics, University of Hawaii-Manoa - 1994

model of consumption. This paper addresses the question of whether data distortions due to measurement errors or the …. Regarding measurement errors, the paper finds that the conditions under which plausible types of errors may explain it violate a …

Persistent link: https://www.econbiz.de/10005824158

Can Measurement Errors or Seasonal Adjustments Explain the Negative Autocorrelation of Monthly Consumption Changes?

Ermini, Luigi - Department of Economics, University of Hawaii-Manoa - 1993

consumption. This paper addresses the question of whether data distortions due to measurement errors or seasonal adjustment … measurement errors that could explain the negative autocorrelation is not plausible, whereas plausible types of errors do not …

Persistent link: https://www.econbiz.de/10005247913

Estimates of a Labour Supply Function Using Alternative Measures of Hours of Work

Klevmarken, N. Anders - Institute for the Study of Labor (IZA) - 2004

Depending on data source, estimates of hours of work give widely different results both as to level and change. In this paper three alternative measures of hours worked are used to estimate a simple labour supply function to investigate if estimated wage rate and income effects are data...

Persistent link: https://www.econbiz.de/10005762060

Three estimators for the poisson regression model with measurement errors

Kukush, Alexander; Schneeweis, Hans; Wolf, Roland - In: Statistical Papers 45 (2004) 3, pp. 351-368

Persistent link: https://www.econbiz.de/10008533865

Prudent Monetary Policy: Applications of Cautious LQG Control and Prediction

van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2004

Risk-adjusted linear-quadratic-Gaussian (LQG) optimal control with perfect and imperfect observation of the economy gives prudent feedback policy rules and cautious Kalman filters. The reaction coefficients depend on the variances of the modelling errors, since precaution reduces the power of...

Persistent link: https://www.econbiz.de/10005114367

The Implications of Cross-Border Monetary Aggregation

Lane, Timothy D.; Kremers, Jeroen J. M. - International Monetary Fund (IMF) - 1992

Some recent studies suggest the possibility of estimating a stable aggregate demand-for-money relationship for the group of countries participating in the European Monetary System. These results are of particular relevance in connection with the task of setting policy targets for a European...

Persistent link: https://www.econbiz.de/10005264074

Search Intensity, Cost of Living and Local Labour Markets in Britain

Patacchini, Eleonora; Zenou, Yves - C.E.P.R. Discussion Papers - 2003

A model is considered in which optimal search intensity is a result of a trade-off between short-run losses due to higher search costs (more interviews, commuting...) and long-run gains due to a higher chance to find a job. We show that this optimal search intensity is higher in areas...

Persistent link: https://www.econbiz.de/10005067634

Errors in Trade Classification: Consequences and Remedies.

Tanggaard, Carsten - Ehrvervøkonomisk Institut, Institut for Økonomi - 2003

The consequences of errors in trade classification are potentially worse than documented in existing empirical research. This is demonstrated by the use of a formal model of classification errors in a generic regression-type microstructure model. The bias is a function of the probability of...

Persistent link: https://www.econbiz.de/10005750408

Search Intensity, Cost of Living and Local Labor Markets in Britain

Patacchini, Eleonora; Zenou, Yves - Institute for the Study of Labor (IZA) - 2003

A model is considered in which optimal search intensity is a result of a tradeoff between short-run losses due to higher search costs (more interviews, commuting…) and long-run gains due to a higher chance of finding a job. We show that this optimal search intensity is higher in areas...

Persistent link: https://www.econbiz.de/10005566363