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Panel effects have been widely studied in randomly composed panels. However for many courts, panel composition stays constant. Then judges become familiar with each other. They know what to expect from each other. There is room for mutual trust. A local culture may emerge. If rejection is the...
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propose a new estimation method for the panel data model before we establish an asymptotic theory for the proposed estimation … dimensions of the error terms. We examine the finite– sample properties of the proposed model and estimation method through …
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