The finite sample behaviour is analysed of particular least squares (LS) and method of moments (MM) estimators in panel … magnitude of bias of (generalized) MM estimators tends to increase with the number of moment conditions exploited. For various … estimation procedures we examine the analytical effects of feedbacks and other model characteristics such as prominence of …

Since little is known about the degree of bias in estimated fixed effects in panel data models, we run Monte Carlo … simulations on a range of different estimators. We find that Anderson-Hsiao IV, Kiviet's bias-corrected LSDV and GMM estimators …

In this paper, we propose two classes of test statistics for detecting a break at an unknown date in panel data models …

this paper investigates the potential bias arising when aggregate economy data instead of sectoral data is adopted in macro … manufacturing for a panel of 41 developing and developed countries (1963-1992). We employ novel empirical methods which can … economy made up of agricultural and manufacturing sectors we confirm substantial bias in the technology coefficients and thus …

respect to the indicators of amortisation requirements (Amort) and RW are also significant. The estimation results when house … (IIS), which we employed as a novel estimation method for macro panels. …

PMG, PDOLS and FMOLS. This paper also considers application of two bias-correction methods and a bootstrapping of critical …

This chapter presents a unified set of estimation methods for fitting a rich array of models describing dynamic … chapter is motivated by the principle that, whenever possible, estimation methods should rely on routines available in … offer a general apparatus for estimating parameters of panel-data specifications, though one must introduce a series of …

. We apply the identification and estimation method to the earnings dynamics of U.S. men using the Panel Survey of Income …This paper presents identification and estimation results for a flexible state space model. Our modification of the … semiparametric model of a higher‐order autoregressive‐moving‐average (ARMA) process. Using panel data of observed earnings, we …

wages, but some studies using Norwegian micro data have estimated a negative effect of higher immigration for some type of … workers. In this paper, to capture that the wage setting is highly coordinated in Norway, we model a system of native wages … impact on wages has been in the private service industries. Immigration is found to be exogenous with respect to the …