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a rich panel data-set of 25,360 firms observed over the period 2004-2007. This industry is characterized by its …
Persistent link: https://www.econbiz.de/10010356360
across pairs or regional units or even across cross-sectional units and time inevitably leads to a panel data structure of … panel econometric generic structure. The issues covered range from the estimation of double-indexed versus higher …
Persistent link: https://www.econbiz.de/10010237192
chemical industry. We use a rich panel data-set of 12,552 firms observed over the period 2004 - 2006 and model output by the …
Persistent link: https://www.econbiz.de/10010461261
This paper proposes a Bayesian estimation framework for panel-data sets with binary dependent variables where a large …
Persistent link: https://www.econbiz.de/10012817934
This paper develops an estimator for higher-order spatial autoregressive panel data error component models with spatial …
Persistent link: https://www.econbiz.de/10003808637
Persistent link: https://www.econbiz.de/10003711864
This paper proposes a generalized panel data model with random effects and first-order spatially autocorrelated … even in small and medium sized samples. -- panel data ; spatially autocorrelated residuals ; maximum-likelihood estimation …
Persistent link: https://www.econbiz.de/10009621736
This paper introduces a new rationale for the existence of "Directors' and Officers'" (D&O) insurance. We use a model with volatile stock markets where shareholders design compensation schemes that incentivize managers to stimulate short-term increases in stock prices that do not maximize long...
Persistent link: https://www.econbiz.de/10010237759
This paper generalizes the approach to estimating a first-order spatial autoregressive model with spatial autoregressive disturbances (SARAR(1,1)) in a cross-section with heteroskedastic innovations by Kelejian and Prucha (2008) to the case of spatial autoregressive models with spatial...
Persistent link: https://www.econbiz.de/10003748246
between host countries). For this, we use a panel data set of U.S. foreign affiliate sales to 16 developed countries in 7 …
Persistent link: https://www.econbiz.de/10003720587