Construct · 1 fields · 1 citations

Moulton problem: a standalone construct

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Econometrics

the downward bias in standard errors when aggregate regressors are used with micro data whose errors are correlated within groups.

In econometrics, Moulton problem refers to the downward bias in standard errors when aggregate regressors are used with micro data whose errors are correlated within groups. This meaning comes from Moulton (1990) in The Review of Economics and Statistics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

aggregate3 fields · 6 citationsjingle · one word, three constructs bias6 fields · 8 citationsjingle · one name, six constructs

References

Moulton, B. R. (1990). An Illustration of a Pitfall in Estimating the Effects of Aggregate Variables on Micro Units. The Review of Economics and Statistics, 72(2), 334. https://doi.org/10.2307/2109724

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