Inference for Losers Journal Article

Overview

abstract

• Researchers frequently report league tables ranking units (neighborhoods or firms, for instance) based on estimated coefficients. Since the rankings are formed based on estimates, however, the coefficients reported in league tables suffer from selection bias, with estimates for highly ranked units biased upward and those for low-ranked units biased downward. Further, conventional confidence intervals can undercover. This paper introduces corrected estimators and confidence intervals that address these biases, ensuring that estimates and confidence intervals reported for each position in a league table are median unbiased and have correct coverage, respectively.

CU Boulder Authors

• McCloskey, Adam

publication date

• May 1, 2022

has restriction

• closed

Date in CU Experts

• November 14, 2022 7:11 AM

Full Author List

• Andrews I; Bowen D; Kitagawa T; McCloskey A

author count

• 4

published in

• American Economic Association. Papers and Proceedings  Journal

Other Profiles

International Standard Serial Number (ISSN)

• 2574-0768

Electronic International Standard Serial Number (EISSN)

• 2574-0776

Digital Object Identifier (DOI)

• https://doi.org/10.1257/pandp.20221065

Additional Document Info

start page

• 635

end page

• 640

volume

• 112