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Seam Bias,Multiple-State,Multiple-Spell Duration Models and the Employment Dynamics of Disadvantaged Women
Seam Bias Multiple-State Multiple-Spell Duration Models Employment Dynamics of Disadvantaged Women
2015/9/18
Panel surveys generally suffer from “seam bias” - too few transitions observed within reference periods and too many reported between interviews. Seam bias is likely to affect duration models severely...
Please Call Again: Correcting Non-Response Bias in Treatment Effect Models
survey non response sample selectivity treatment effect model randomized controlled trial
2012/10/23
We propose a novel selectivity correction procedure to deal with survey attrition, at the crossroads of the "Heckit" and of the bounding approach of Lee (2009). As a substitute for the instrument need...
Private Information, Human Capital, and Optimal "Home Bias" in Financial Markets
private information human capital home bias financial markets risky assets global financial crisis
2012/10/22
By allowing for imperfectly informed markets and the role of private information, we offer new insights about observed deviations of portfolio concentrations in domestic relative to foreign risky asse...
Bias in the Legal Profession: Self-Assessed versus Statistical Measures of Discrimination
labor market discrimination lawyers gender and racial bias wages
2012/10/26
Legal cases are generally won or lost on the basis of statistical discrimination measures, but it is workers' perceptions of discriminatory behavior that are important for understanding many labor-sup...
Life-Cycle Bias and the Returns to Schooling in Current and Lifetime Earnings
returns to schooling life-cycle bias lifetime earnings current earnings errors-in-variables model
2012/10/26
This paper uses a unique data set with nearly career-long earnings histories to provide evidence on the returns to schooling in current and lifetime earnings. We use these results to assess the import...
Exponential Growth Bias and Financial Literacy
exponential growth bias financial literacy household finance
2012/10/26
The tendency to underestimate the future value of a variable growing at a constant rate, an example of exponential growth bias, has been linked to household financial decision making. We show that exp...
A Flexible Test for Present Bias and Time Preferences Using Land-Lease Contracts
present bias hyperbolic discounting discount rate hedonic estimation
2012/10/26
When agents have present bias, they discount more between now and the next period than between period t (> 1) and t + 1. How fast the future discount rate (evaluated today) decays is an empirical ques...
Reconsidering Gender Bias in Intra-Household Allocation in India
gender discrimination India intra-household allocation education expenditures
2012/10/30
Detecting gender discrimination among children in the intra-household allocation of goods from household surveys has often proven to be difficult. This paper uses some of the commonly used techniques ...
Heterogeneous Income Profiles and Life-Cycle Bias in Intergenerational Mobility Estimation
intergenerational mobility intergener ational income elasticity life-cycle bias non-classical measurement error generalized errors-in-variables model heterogeneous income profiles
2012/10/30
Research on intergenerational income mobility is based on current income since data on lifetime income are typically not available for two generations. However, using snapshots of income over shorter ...
Roma Women in Athenian Firms: Do They Face Wage Bias?
Roma labor discrimination Blinder-Oaxaca decomposition taste theory statistical theory occupational segregation
2012/10/30
In the current study, we analyze the effect of having a Roma background on women's wages. By utilizing the Athens Area Study random sample (2007-08) drawn from 16 multiethnic municipalities in which R...
Is There Selection Bias in Laboratory Experiments? The Case of Social and Risk Preferences
selection bias laboratory experiments external validity social preferences risk preferences
2012/11/1
Laboratory experiments are frequently used to examine the nature of individual preferences and inform economic theory. However, it is unknown whether the preferences of volunteer participants are repr...
Historically, Office for National Statistics (ONS) early estimates of the growth of the volume of gross domestic product have tended to be revised up on average. This article considers why this has oc...
The primary purpose of longitudinal surveys is to collect data about individual change over
time. For many subject areas this can be achieved by asking survey respondents to answer
identical quest...
Using survey data to assess bias in the Consumer Price Index
Consumer Price Index Panel Study of Income Dynamics survey data
2009/4/22
In a previous paper, William Nordhaus provided an estimate of the bias in the Consumer Price Index by comparing the net proportion of families that report an improvement in their financial situation w...
Possible measurement bias in aggregate productivity growth
productivity growth measurement bias
2009/4/16
By examining industry multifactor productivity in more detail, researchers can gain new insights into the hypothesis of measurement bias in aggregate output and productivity. This article sheds some ...