We develop novel forecasting methods for panel data with heterogeneous parameters and examine them together with …-sectional (N) and time (T) dimensions and varying degrees of parameter heterogeneity. We investigate conditions under which panel …

. -- Panel regression ; multiplicative measurement errors ; bias correction ; asymptotic variance ; disclosure control …The paper explores the effect of measurement errors on the estimation of a linear panel data model. The conventional … fixed effects estimator, which ignores measurement errors, is biased. By correcting for the bias one can construct …

balance sheets. The method can be applied to a wide range of panel datasets, including qualitative surveys on firm …-level forecasts or household expectations. As an application, we employ a panel of Greek manufacturing firms and quantify firms …

forecaster is more likely to bias the forecast associated with the policy that is (i) less likely to be selected in the …