Inference for Losers

Isaiah Andrews, Dillon Bowen, Toru Kitagawa and Adam McCloskey

AEA Papers and Proceedings, 2022, vol. 112, 635-42

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.

JEL-codes: C13 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.aeaweb.org/doi/10.1257/pandp.20221065 (application/pdf)
https://www.aeaweb.org/doi/10.1257/pandp.20221065.appx (application/pdf)
https://www.aeaweb.org/doi/10.1257/pandp.20221065.ds (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aea:apandp:v:112:y:2022:p:635-42

Ordering information: This journal article can be ordered from
https://www.aeaweb.org/subscribe.html

DOI: 10.1257/pandp.20221065

Access Statistics for this article

AEA Papers and Proceedings is currently edited by William Johnson and Kelly Markel

More articles in AEA Papers and Proceedings from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().