Efficiency of repeated-cross-section estimators in fixed-effects models

Comparing repeated-cross-section (RCS) and panel estimators, asymptotically there is no efficiency loss using synthetic individuals. Small-sample simulations show higher efficiency of panels for static models, but RCS estimators are superior in the dynamic case, especially for larger values of the auto-regressive parameter.

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Year of publication:	2013
Authors:	Rosati, Nicoletta
Published in:	Statistics & Probability Letters. - Elsevier, ISSN 0167-7152. - Vol. 83.2013, 7, p. 1770-1775
Publisher:	Elsevier
Subject:	Moment restrictions \| Fixed-effects model \| Repeated cross-sections

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010665606