Showing 1 - 10 of 447
This paper considers the statistical analysis of large panel data sets where even after condi-tioning on common observed effects the cross section units might remain dependently distrib-uted. This could arise when the cross section units are subject to unobserved common effects and/or if there...
Persistent link: https://www.econbiz.de/10010276213
This paper introduces the concepts of time-specific weak and strong cross section dependence. A double-indexed process is said to be cross sectionally weakly dependent at a given point in time, t, if its weighted average along the cross section dimension (N) converges to its expectation in...
Persistent link: https://www.econbiz.de/10010276230
We suggest an explanation for the existence of “mission drift”, the tendency for Microfinance Institutions (MFIs) to …
Persistent link: https://www.econbiz.de/10012493039
We analyze the relationship between Microfinance Institutions (MFIs) and external donors, with the aim of contributing … to the debate on “mission drift” in microfinance. We assume that both the donor and the MFI are pro-poor, possibly at …
Persistent link: https://www.econbiz.de/10011615887
We suggest an explanation for the existence of “mission drift”, the tendency for Microfinance Institutions (MFIs) to …
Persistent link: https://www.econbiz.de/10013245624
with women in rural Bangladesh, we measure social norms in the form of empirical and normative expectations about menstrual …
Persistent link: https://www.econbiz.de/10013227602
Conflicts between management and workers are common and can have significant impacts on productivity. We study how workers in a large Bangladeshi sweater factory responded to management's decision to lay off about a quarter of the workers following a period of labor unrest. Our main finding is...
Persistent link: https://www.econbiz.de/10012825388
This paper extends the Common Correlated Effects (CCE) approach developed by Pesaran (2006) to heterogeneous panel data models with lagged dependent variable and/or weakly exogenous regressors. We show that the CCE mean group estimator continues to be valid but the following two conditions must...
Persistent link: https://www.econbiz.de/10010312860
This paper provides an overview of the recent literature on estimation and inference in large panel data models with cross-sectional dependence. It reviews panel data models with strictly exogenous regressors as well as dynamic models with weakly exogenous regressors. The paper begins with a...
Persistent link: https://www.econbiz.de/10010319385
We study the effects of informal social interactions on academic achievement and behaviour using idiosyncratic variation in peer groups stemming from changes in bus routes across elementary, middle, and high school. Our results suggest that student interactions outside the classroom—especially...
Persistent link: https://www.econbiz.de/10014574322