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panel data. We construct point predictors using Tweedie's formula for the posterior mean of heterogeneous coefficients under … Carlo study. In an empirical application we use the predictor to forecast revenues for a large panel of bank holding …
Persistent link: https://www.econbiz.de/10012910300
dispersion should also have increased. The relevant data for the US is problematic, so we utilize a UK panel dataset covering the …
Persistent link: https://www.econbiz.de/10012759891
We consider linear predictor definitions of noncausality or strict exogeneity and show that it is restrictive to assert that there exists a time-invariant latent variable c such that x is strictly exogenous conditional on c. A restriction of this sort is necessary to justify standard techniques...
Persistent link: https://www.econbiz.de/10013221115
This study presents a general methodology for fitting multiple time series models to panel data. The basic statistical … panel data, and it identifies those instances in which procedures found in the time series literature cannot be directly … applied to analyze longitudinal data. Data analysis techniques in the tine series literature are adapted for panel data …
Persistent link: https://www.econbiz.de/10013234388
Short panel data sets constructed by matching individuals across monthly files of the Current Population Survey (CPS …
Persistent link: https://www.econbiz.de/10013243925
proposed by Papke and Wooldridge, 1996, 2008, in univariate cross-sectional and panel contexts. The paper discusses the …
Persistent link: https://www.econbiz.de/10013138354
Empirical labor economists have resorted to estimating the responsiveness of workersʼ wages on firmsʼ ability to pay to assess the extent to which employers share rents with their employees. This paper compares this labor economics approach with two other approaches that rely on standard micro...
Persistent link: https://www.econbiz.de/10013139892
suggest the results are not stable. We argue that repeated cross sections do not properly specify the model. Panel methods … including hedonic studies and travel cost studies could be enhanced using panel data …
Persistent link: https://www.econbiz.de/10013124237
of health and unemployment. Along with negative binomial, Poisson panel regressions are a preferred method of analysis …, this result also applies to the commonly used Logit model of panel data with fixed effects. We develop a test for time …
Persistent link: https://www.econbiz.de/10013049006
examine the stylized facts regarding environmental expenditures and innovation in a panel of manufacturing industries. We find …
Persistent link: https://www.econbiz.de/10013245313