Article: A correlated random effects approach to the estimation of models with multiple fixed effects
Economics letters. 2022 Apr., v. 213
2022
Abstract: This paper generalizes two important equivalence results in one-way panel models to models with multiple fixed effects. (1) We show that the correlated random effects estimator obtained via the use of the Mundlak device is identical to the fixed effects ... ...
Abstract | This paper generalizes two important equivalence results in one-way panel models to models with multiple fixed effects. (1) We show that the correlated random effects estimator obtained via the use of the Mundlak device is identical to the fixed effects estimator. (2) A weighted variable addition test is shown to be equivalent to the fully robust Hausman specification test. |
---|---|
Keywords | economics ; statistical models ; testing |
Language | English |
Dates of publication | 2022-04 |
Publishing place | Elsevier B.V. |
Document type | Article |
ISSN | 0165-1765 |
DOI | 10.1016/j.econlet.2022.110408 |
Database | NAL-Catalogue (AGRICOLA) |
More links
Kategorien
Order via subito
This service is chargeable due to the Delivery terms set by subito. Orders including an article and supplementary material will be classified as separate orders. In these cases, fees will be demanded for each order.
Inter-library loan at ZB MED
Your chosen title can be delivered directly to ZB MED Cologne location if you are registered as a user at ZB MED Cologne.