This paper argues that satisfaction data from surveys are biased by varying participant attitudes toward the interview itself. In this manner, interviewees in a German panel study report lower life satisfaction when there is evidence of transient influences like aversion. The empirical findings...

This paper investigates the accuracy of recall data by comparing administrative records with retrospective, self-reported survey responses to income and asset questions for a sample of self-employed households from coastal India. It finds that the magnitude of the recall error increases over...

This paper argues that satisfaction data from surveys are biased by varying participant attitudes toward the interview itself. In this manner, interviewees in a German panel study report lower life satisfaction when there is evidence of transient influences like aversion. The empirical findings...

According to theoretical models of valuing risky corporate securities, risk of default is primary component in overall yield spread. However, sizable empirical literature considers it otherwise by giving more importance to non-default risk factors. Current study empirically attempts to provide...

According to theoretical models of valuing risky corporate securities, risk of default is primary component in overall yield spread. However, sizable empirical literature considers it otherwise by giving more importance to non-default risk factors. Current study empirically attempts to provide...

We study semiparametric efficiency bounds and efficient estimation of parameters defined through general nonlinear, possibly non-smooth and over-identified moment restrictions, where the sampling information consists of a primary sample and an auxiliary sample. The variables of interest in the...

Measurement error is a usually met distortion factor in real-world applications that influences the outcome of a process. In this paper, we examine the effect of measurement error on the ability of the EWMA control chart to detect out-of-control situations. The model used is the one involving...

We investigate the common assumption in applied research that reporting errors are negligible in variables where there is no clear incentive for misreporting. Using major medical operations, we find high misreporting rates, but the coefficients of their predictors remain unbiased.

Women are less likely to correctly answer the “Big-3” financial literacy questions, and a substantial share of the gap reflects women’s lower confidence. In our experiment, women are more likely to choose “do not know” or refuse to answer financial literacy questions. If these options...