Measurement error in multiple equations: Tobin's q and corporate investment, saving, and debt

DOI10.1016/J.JECONOM.2019.08.001MaRDI QIDQ2294451zbMATH OpenOpenAlexWikidataFDO

Authors Karim Chalak, Daniel Kim

Publication date 11 February 2020

Published in Journal of Econometrics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jeconom.2019.08.001

zbMATH Keywords

measurement errorsensitivity analysispartial identificationcash flowTobin's \(q\)multiple equations

Mathematics Subject Classification ID

Linear regression; mixed models (62J05) Applications of statistics to economics (62P20)

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Cites work

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• Bayesian inference in a class of partially identified models
• Bounding the Effects of Proxy Variables on Regression Coefficients
• Consistent Sets of Estimates for Regressions with Errors in All Variables
• Constructing Instruments for Regressions With Measurement Error When no Additional Data are Available, with An Application to Patents and R&D
• Econometric analysis of cross section and panel data.
• Errors in Variables in Linear Systems
• Intersection bounds: estimation and inference
• Minimum distance estimation of the errors-in-variables model using linear cumulant equations
• More on monotone instrumental variables
• Regressor diagnostics for the classical errors-in-variables model
• Set identification and sensitivity analysis with Tobin regressors
• TWO-STEP GMM ESTIMATION OF THE ERRORS-IN-VARIABLES MODEL USING HIGH-ORDER MOMENTS
• Tobin's Marginal q and Average q: A Neoclassical Interpretation

Cited in

(2)

• Impacts of Measurement Errors on Simultaneous Equation Estimation of Dividend and Investment Decisions
• Nonparametric Gini-Frisch bounds

Describes a project that uses

Uses Software

• clrbound

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