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When those estimates are corrected, the risks of going for it look a lot lower.
Debts of roughly the same magnitude are hidden in the form of underfunded pension liabilities once the official estimates are corrected for some dubious assumptions about risk.
Estimates are corrected for heteroscedasticity and autocorrelation at the country level using the robust and cluster options.
In particular, we adopt an explicit local linearization of the governing nonlinear SDEs and the resulting linearization errors in the estimates are corrected using Girsanov transformation of measures.
Acknowledging that our administrative data do not include some relevant covariates that can potentially predict degree performance, such as ability, the estimates are corrected for unobserved individual heterogeneity.
The IA estimates are corrected by dividing by the magnitude response of the Gabor filter at the estimated IF (see [32] for details).
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π and D xy estimates were corrected for multiple hits using a Jukes Cantor correction (Jukes and Cantor 1969).
All dN an dS estimates were corrected for multiple substitutions using the Jukes-Cantor correction implemented in bioperl [ 36].
Average pairwise diversity and divergence (D xy ) estimates were corrected for multiple hits using a Jukes-Cantor correction [ 67].
Diversity estimates were corrected for heterochrony with equation (1).
Estimates were corrected for lead-time bias and over-diagnosis.
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