This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window

Journal of Economic Literature: Vol. 49 No. 4 (December 2011)

JEL Volume. 49, Issue 4 | leftPrevious ArticleNext Articleright

Expand

Quick Tools:

Print Article Summary Email Link to this Article Export Citation
Sign up for Email Alerts Follow us on Twitter Subscription Information
(Institutional Administrator Access)

Explore:

JEL - All Issues

JEL Forthcoming Articles JEL Indexes (Members Only)

Nonlinear Models of Measurement Errors

Article Citation

Chen, Xiaohong, Han Hong, and Denis Nekipelov. 2011. "Nonlinear Models of Measurement Errors." Journal of Economic Literature, 49(4): 901-37.

DOI: 10.1257/jel.49.4.901

Abstract

Measurement errors in economic data are pervasive and nontrivial in size. The presence of measurement errors causes biased and inconsistent parameter estimates and leads to erroneous conclusions to various degrees in economic analysis. While linear errors-in-variables models are usually handled with well-known instrumental variable methods, this article provides an overview of recent research papers that derive estimation methods that provide consistent estimates for nonlinear models with measurement errors. We review models with both classical and nonclassical measurement errors, and with misclassification of discrete variables. For each of the methods surveyed, we describe the key ideas for identification and estimation, and discuss its application whenever it is currently available. (JEL C20, C26, C50)

Article Full-Text Access

Full-text Article

Authors

Chen, Xiaohong (Yale U)
Hong, Han (Stanford U)
Nekipelov, Denis (U CA, Berkeley)

JEL Classifications

C20: Single Equation Models; Single Variables: General
C26: Single Equation Models: Single Variables: Instrumental Variables (IV) Estimation
C50: Econometric Modeling: General


Journal of Economic Literature



AEA Member Login:


Quick Tools:

Email Link to this Issue

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

JEL - All Issues

JEL - Forthcoming Articles

JEL Indexes (Members Only)

AEA Journals

Virtual Field Journals

AEAweb | AEA Journals | Contact Us