CORDIS Project
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This project focuses on developing new methods to assess measurement errors in economic data. It aims to improve the reliability of empirical research by providing tools that help researchers understand the impact of inaccuracies on their findings and policy implications.
Measuring economic activity is a fundamental challenge for empirical work in economics.
Most empirical projects raise concerns about whether the data do in fact measure what they purport to measure.
Mismeasurement may lead to severe model misspecification, biased estimates, and misled conclusions and policy decisions.
Unfortunately, formally accounting for the possibility of mismeasurement in the econometric model is complicated and possible only under strong assumptions that limit the credibili…
LUDWIG-MAXIMILIANS-UNIVERSITAET MUENCHEN
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United Kingdom, London
Type: University / higher education
Activity type: Higher or Secondary Education Establishments
SME: No
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