Trapani, Lorenzo; Urga, Giovanni - Dipartimento di Ingegneria Gestionale, Università … - 2006
This paper reports the results of a series of Monte Carlo exercises to contrast the forecasting performance of several panel data esti- mators, divided into three main groups (homogeneous, heterogeneous and shrinkage/Bayesian). The comparison is done using di¤erent lev- els of heterogeneity,...