Showing 1 - 10 of 17
that the bootstrap outperforms Parks's top competitor. The Parks estimator has been a workhorse for the analysis of panel …-section data 1995) developed an approach that uses the Prais-Winsten estimator together with "panel corrected standard errors … demonstrate its effectiveness using an innovative experimental approach that creates artificial panel datasets modelled after …
Persistent link: https://www.econbiz.de/10012018487
has been a workhorse for the analysis of panel data and seemingly unrelated regression equation systems because it allows … Katz (1995) developed an approach that uses the Prais-Winsten estimator together with “panel corrected standard errors … demonstrate its effectiveness using an experimental approach that creates artificial panel datasets modelled after actual panel …
Persistent link: https://www.econbiz.de/10012160012
This study uses Monte Carlo experiments to produce new evidence on the performance of a wide range of panel data … previous study on the subject (Reed and Ye, Which panel data estimator should I use? Applied Economics, 2011), and modifies … estimator for efficiency, it uses the size of the panel dataset (N and T) to guide the researcher to the best estimator. When it …
Persistent link: https://www.econbiz.de/10011714814
This study uses Monte Carlo experiments to produce new evidence on the performance of a wide range of panel data … previous study on the subject (Reed and Ye, Which panel data estimator should I use? 2011), and modifies their recommendations … efficiency, it uses the size of the panel dataset (N and T) to guide the researcher to the best estimator. When it comes to …
Persistent link: https://www.econbiz.de/10011785293
This paper demonstrates that unit root tests can suffer from inflated Type I error rates when data are cointegrated. Results from Monte Carlo simulations show that three commonly used unit root tests - the ADF, Phillips-Perron, and DF-GLS tests - frequently overreject the true null of a unit...
Persistent link: https://www.econbiz.de/10011309691
Persistent link: https://www.econbiz.de/10011296226
Persistent link: https://www.econbiz.de/10011296518
Persistent link: https://www.econbiz.de/10011514491
Persistent link: https://www.econbiz.de/10013545805
Persistent link: https://www.econbiz.de/10011592701