Kiviet, Jan F.; Pleus, Milan; Poldermans, Rutger - Division of Economics, Nanyang Technological University - 2014
The performance in finite samples is examined of inference obtained by variants of the Arellano-Bond and the Blundell-Bond GMM estimation techniques for single dynamic panel data models with possibly endogenous regressors and cross-sectional heteroskedasticity. By simulation the effects are...