Narrow search
Showing 1 - 10 of 391
Cover Image
Correcting wealth survey data for the missing rich: The case of Austria
Eckerstorfer, Paul; Halak, Johannes; Kapeller, Jakob; … - 2014
suggest that the alleged non-observation bias is considerable, accounting for about one quarter of total net wealth. The …
Persistent link: https://www.econbiz.de/10010368262
Cover Image
How Peer Groups Influence Economic Perceptions
Knell, Markus; Stix, Helmut - 2019
We use survey data to demonstrate that individuals extrapolate from their peer groups when forming estimates about aggregate economic outcomes (e.g. the aggregate homeownership rate). In a first approach, we follow the previous literature and construct hypothetical peer groups using information...
Persistent link: https://www.econbiz.de/10013370144
Cover Image
Improved estimation of poisson rate distributions through a multi-mode survey design
Hitczenko, Marcin - 2021
less data. The choice of survey mode, therefore, involves a potential tradeoff between bias and variance of estimators. I …
Persistent link: https://www.econbiz.de/10012653498
Cover Image
Is there an income convergence across provinces of Turkey?
Öz, Sumru - 2017
In this paper, whether there is a convergence of per capita incomes across Turkish provinces during 2004-2014 period is examined following the availability of per capita incomes of Turkish provinces for this period as of December 2016. Considering that firms and households of different regions...
Persistent link: https://www.econbiz.de/10012060229
Cover Image
Proxying ability by family background in returns to schooling estimations is generally a bad idea
Mellander, Erik; Sandgren-Massih, Sofia - 2008
the return to schooling that is subject to positive omitted variable bias (OVB) and negative measurement error bias (MEB … error increases and/or more family background variables are added, the total bias rapidly becomes negative, driving the …
Persistent link: https://www.econbiz.de/10010273950
Cover Image
The Role of Education and Income Inequality on Environmental Quality. A Panel Data Analysis of the EKC Hypothesis on OECD
Maranzano, Paolo; Bento, Joao Paulo Cerdeira; Manera, Matteo - 2021
We study the impact of human capital and the level of education on the pollution-income relationship controlling for income inequality in 17 OECD countries. By applying an innovative approach to country grouping, based on the temporal evolution of income inequality and clustering techniques to...
Persistent link: https://www.econbiz.de/10012501726
Cover Image
Information criteria for impulse response function matching estimation of DSGE models
Hall, Alastair; Inoue, Atsushi; Nason, James M.; Rossi, … - 2008
Carlo evidence indicates that the RIRSC yields gains in terms of finite sample bias as well as offering tests statistics …
Persistent link: https://www.econbiz.de/10010292348
Cover Image
Effects of correlated covariates on the efficiency of matching and inverse probability weighting estimators for causal inference
Pingel, Ronnie; Waernbaum, Ingeborg - 2013
In observational studies the overall aim when fitting a model for the propensity score is to reduce bias for an …
Persistent link: https://www.econbiz.de/10010321111
Cover Image
Alternative Approximations of the Bias and MSE of the IV Estimator Under Weak Identification With an Application to Bias Correction
Chao, John C.; Swanson, Norman R. - 2003
We provide analytical formulae for the asymptotic bias (ABIAS) and mean squared error (AMSE) of the IV estimator, and … construct a number of bias corrected OLS and IV estimators, which we show to be consistent under a sequential asymptotic scheme …. These bias-corrected estimators are also robust, in the sense that they remain consistent in a conventional asymptotic setup …
Persistent link: https://www.econbiz.de/10010271942
Cover Image
Information in the revision process of real-time datasets
Corradi, Valentina; Fernandez, Andres; Swanson, Norman R. - 2011
Rationality of early release data is typically tested using linear regressions. Thus, failure to reject the null does not rule out the possibility of nonlinear dependence. This paper proposes two tests that have power against generic nonlinear alternatives. A Monte Carlo study shows that the...
Persistent link: https://www.econbiz.de/10010282830