期刊
JOURNAL OF BUSINESS & ECONOMIC STATISTICS
卷 19, 期 4, 页码 475-481出版社
AMER STATISTICAL ASSOC
DOI: 10.1198/07350010152596727
关键词
classical measurement error; optimal prediction error; regression analysis
We consider the implications of an alternative to the classical measurement-error model, in which the observed, mismeasured data are optimal predictions of the true values, given some information set. In this model, any measurement error is uncorrelated with the reported value and, by necessity, correlated with the true value of interest. In a regression model, such measurement error in the regressor does not lead to bias, whereas measurement error in the dependent variable leads to bias toward 0. In general, the measure ment-error model, together with the information set, is critical for determining the bias in econometric estimates.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据