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estimation of a random-effects model is a viable alternative to estimating fixed effects. Whereas the classical test probes the … strategy facilitates the simultaneous estimation of the fixed- and between-groups effects. As a consequence, we are able to …
Persistent link: https://www.econbiz.de/10003924468
In contrast to conventional measures, the Focused Information Criterion (FIC) allows the purpose-specific selection of models, thereby reflecting the idea that one kind of model might be appropriate for inferences on a parameter of interest, but not for another. Ever since its invention, the FIC...
Persistent link: https://www.econbiz.de/10008935218
estimation of a random-effects model is a viable alternative to estimating fixed effects. Whereas the classical test probes the … strategy facilitates the simultaneous estimation of the fixed- and between-groups effects. As a consequence, we are able to …
Persistent link: https://www.econbiz.de/10013147994
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variable x2. To explore interaction effects, so-called interaction terms x1x2 are typically included in estimation …
Persistent link: https://www.econbiz.de/10003884965
Using a panel of household travel diary data collected in Germany between 1997 and 2005, this study assesses the effectiveness of fuel efficiency improvements by econometrically estimating the rebound effect, describing the extent to which higher efficiency causes additional travel.Following a...
Persistent link: https://www.econbiz.de/10003426267
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