in The Review of Financial Studies
April 2012; p ublished online November 2011 .
Journal Article. Subjects: Econometric and Statistical Methods and Methodology: General; Single Equation Models; Single Variables; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Corporate Governance. 20492 words.
We compare the ability of three measurement error remedies to deliver unbiased estimates of coefficients in investment regressions. We examine high-order moment estimators, dynamic panel...