in three areas. First, we use identical twins, to control for family effects and genetic ability bias, and the education … findings suggest lower ability bias in within-twin pair regressions than pooled regressions. Third, using data on twins smoking … we show smoking reflects family background and using it as an instrument exacerbates ability bias. …

distribution of VAR impulse response estimators is undermined by the estimator’s bias. A natural conjecture is that impulse … estimators tend to have both higher bias and higher variance, resulting in pointwise impulse response confidence intervals that …

choices are private information. It is optimal for the organization to `bias' the second contest in favor of the early winner …

autocoherent. These are the parameters that are "identified" from the empirical moments of the distribution of observables. This … illustrates the tight link between parameter identification and the scope for bias that is generated by the autocoherence …

We find evidence for the behavioral biases of anchoring and loss aversion. We find that anchoring is more important for …. The evidence in favor of anchoring and loss aversion with this large dataset validates previous results and adds to the …

We study the convergence of European bond markets and the anchoring of inflation expectations in euro area countries … substantial increase in the anchoring of long-term inflation expectations since EMU, particularly for Italy and Spain, which since …