Consider the attenuation bias result for the slope parameter of the bivariate errors-in-variables model (Equation (26.9) in
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Consider the attenuation bias result for the slope parameter of the bivariate errors-in-variables model (Equation (26.9) in Section 26.2.3). Extend the model to include an intercept term.
(a) Derive a parallel result for the measurement error bias of the intercept term.
(b) Derive a parallel identification-by-bounds result for the least-squares intercept estimate, similar to Equation (26.12) in Section 26.3.1.
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Microeconometrics Methods And Applications
ISBN: 9780521848053
1st Edition
Authors: A.Colin Cameron, Pravin K. Trivedi
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