VECTOR ATTENUATION BIAS IN THE CLASSICAL ERRORS-IN-VARIABLES MODEL

Authors
Citation
Db. Nelson, VECTOR ATTENUATION BIAS IN THE CLASSICAL ERRORS-IN-VARIABLES MODEL, Economics letters, 49(4), 1995, pp. 345-349
Citations number
9
Categorie Soggetti
Economics
Journal title
ISSN journal
01651765
Volume
49
Issue
4
Year of publication
1995
Pages
345 - 349
Database
ISI
SICI code
0165-1765(1995)49:4<345:VABITC>2.0.ZU;2-G
Abstract
We consider the errors-in-variables model when more than one independe nt variable is measured with error, and show that the vector of corres ponding OLS parameter estimates is asymptotically biased towards zero. The appropriate vector norm is not, in general, the euclidean norm.