Arbeitspapier
Forecasting errors: yet more problems for identification?
Forecasting errors pose a serious problem of identification, often neglected in empirical applications. Any attempt of estimating choice models under uncertainty may lead to severely biased results in the presence of forecasting errors even when individual expectations on future events are observed together with the standard outcome variables.
- Language
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Englisch
- Bibliographic citation
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Series: IZA Discussion Papers ; No. 4035
- Classification
-
Wirtschaft
Econometrics
Model Construction and Estimation
- Subject
-
Identification
forecasting errors
subjective probabilities
Entscheidung bei Unsicherheit
Rationale Erwartung
Prognose
Statistischer Fehler
Arbeitsmobilität
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Contini, Bruno
- Event
-
Veröffentlichung
- (who)
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Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2009
- Handle
- URN
-
urn:nbn:de:101:1-20090306288
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Contini, Bruno
- Institute for the Study of Labor (IZA)
Time of origin
- 2009