Mismeasured variables in econometric analysis: problems from the right and problems from the left.
Part of a special section on econometric tools. Random measurement errors, commonly known as “classical” measurement errors, can cause difficulties in econometric and statistical analysis. If such errors occur in the dependent variable and the independent variable is continuous and unbounded, then...
| Publicado en: | Journal of Economic Perspectives Vol. 15; no. 4; pp. 57 - 68 |
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| Formato: | Artículo |
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American Economic Association
Fall 2001
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=513072671&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 513072671 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 08953309 JEC jtl: Journal of Economic Perspectives issn: 08953309 maglogo: N pubinfo: dt: Fall 2001 vid: 15 iid: 4 pid: 22 pub: American Economic Association artinfo: ui: 513072671 10.1257/jep.15.4.57 ppf: 57 ppct: 11 formats: tig: atl: Mismeasured variables in econometric analysis: problems from the right and problems from the left. aug: au: Hausman, Jerry su: Mathematical variables Error analysis in mathematics sug: subj: Mathematical variables Error analysis in mathematics ab: Part of a special section on econometric tools. Random measurement errors, commonly known as “classical” measurement errors, can cause difficulties in econometric and statistical analysis. If such errors occur in the dependent variable and the independent variable is continuous and unbounded, then the measurement errors have a relatively benign effect on ordinary least squares estimates. However, classical measurement error in an explanatory variable will cause bias because a component of the error term is negatively correlated with the observed explanatory variable. Three recent developments relating to the effects of mismeasurement on econometric models are discussed. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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