When independent variables are measured with error, ordinary least squares regression can yield parameter estimates that are biased and inconsistent. This paper documents an inflation of Type I error rate that can also occur. In addition to analytic results, a large-scale Monte Carlo study shows unacceptably high Type I error rates under circumstances that could easily be encountered in practic...

This paper proposes a method to structurally estimate an auction model using a variation of OLS, under commonly held assumptions in both auction theory and econometrics. In spite of its computational simplicity, the method applies to a wide variety of environments, including interdependent values in general, and certain forms of endogenous participation and bidder asymmetry. Furthermore, it can...

We consider the problem of estimating and testing for multiple breaks in a single equation framework with regressors that are endogenous, i.e., correlated with the errors. First, we show based on standard assumptions about the regressors, instruments and errors that the second stage regression of the instrumental variable procedure involves regressors and errors that satisfy all the assumptions...

Metropolitan areas are governed by a patchwork of governmental units that contribute to the dispersion of people and the diffusion of local power. These effects are visible in nearly every metropolitan region whether they are growing or shrinking. The policy debate has focused on questions of efficiency, rather than the developmental impacts of these choices. Analysis must be structured to capt...

This article forges an explicit link between an objective measure of political constraints and variation in cross-national growth rates. It derives a new measure of political constraints from a simple spatial model of political interaction that incorporates information on the number of independent branches of government with veto power and the distribution of preferences across and within those...

Leptospirosis is a serious and potentially fatal zoonotic disease, but often neglected owing to lack of awareness. This study examined the knowledge, attitudes, and practices concerning leptospirosis among agricultural (n = 152) and non-agricultural (n = 115) workers in the lakeshore communities of Calamba and Los Baños, Laguna, Philippines. The findings showed no significant differences for th...

There is a large literature devoted to the size of the response of nominal interest rates to changes in expected inflation, the Fisher effect. The interest in the topic stems from the implications of the Fisher effect for both asset pricing models and monetary neutrality propositions. Unfortunately no consensus has been achieved concerning the Fisher effect. Part of the problem for this has bee...