The conference, 'Measurement Error: Econometrics and Practice' was
recently hosted by Aston University and organised jointly by
researchers from Aston University and Lund University to highlight
the enormous problems caused by measurement error in Economic and
Financial data which often go largely unnoticed. Thanks to the
sponsorship from Eurostat, a number of distinguished researchers
were invited to present keynote lectures. Professor Arnold Zellner
from University of Chicago shared his knowledge on measurement
error in general; Professor William Barnett from the University of
Kansas gave a lecture on implications of measurement error on
monetary policy, whilst Dennis Fixler shared his knowledge on how
statistical agencies deal with measurement errors. This volume is
the result of the selection of high-quality papers presented at the
conference and is designed to draw attention to the enormous
problem in econometrics of measurement error in data provided by
the worlds leading statistical agencies; highlighting consequences
of data error and offering solutions to deal with such problems.
This volume should appeal to economists, financial analysts and
practitioners interested in studying and solving economic problems
and building econometric models in everyday operations.
General
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