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Baltagi, Badi H. - 2013

This chapter reviews the panel data forecasting literature. Starting with simple forecasts based on fixed and random … well as spatial autoregressive and moving average type disturbances. These forecasting methods are then studied in the … context of seemingly unrelated regressions. We highlight several forecasting empirical applications using panel data, as well …

Persistent link: https://www.econbiz.de/10014025230

SUR estimation of error components models with AR(1) disturbances and unobserbed endogenous effects

Egger, Peter - 2001

This paper focusses on the estimation of error components models in the presence of a correlation of the disturbances across equations and AR(1) of the remainder disturbances for panel data with endogenous unobserved effects. Additionally, the set-up allows for unequally spaced panel data and...

Persistent link: https://www.econbiz.de/10011492665

Prediction in a spatial nested error components panel data model

Baltagi, Badi H.; Pirotte, Alain - In: International journal of forecasting 30 (2014) 3, pp. 407-414

Persistent link: https://www.econbiz.de/10010511584

Interactions in fixed effects regression models

Giesselmann, Marco; Schmidt, Alexander - 2018

An interaction in a fixed effects (FE) regression is usually specified by demeaning the product term. However, this strategy does not yield a genuine within estimator. Instead, an estimator is produced that reflects unit-level differences of interacted variables whose moderators vary within...

Persistent link: https://www.econbiz.de/10011880691

The perils of counterfactual analysis with integrated processes

Carvalho, Carlos Viana de; Masini, Ricardo; Medeiros, … - 2016

Recently, there has been a growing interest in developing econometric tools to conduct counterfactual analysis with aggregate data when a "treated" unit suffers an intervention, such as a policy change, and there is no obvious control group. Usually, the proposed methods are based on the...

Persistent link: https://www.econbiz.de/10011579472

Behavioral responses and welfare reform : evidence from a randomized experiment

Hartley, Robert Paul; Lamarche, Carlos - 2017

Recent studies have used a distributional analysis of welfare reform experiments suggesting that some individuals reduce hours in order to opt into welfare, an example of behavioral-induced participation. Using data on Connecticut's Jobs First experiment, we find no evidence of...

Persistent link: https://www.econbiz.de/10011709466

The value of health - empirical issues when estimating the monetary value of a QALY based on well-being data

Himmler, Sebastian; Stöckel, Jannis; Exel, Job van; … - 2020

In a 'smart' electricity distribution network, flexible distribution resources (FDRs) can be coordinated to improve efficiency. But coordination enables whoever controls such resources to exercise market power. The paper establishes the following efficiency rankings of market structures:...

Persistent link: https://www.econbiz.de/10012264228

Bayesian panel quantile regression for binary outcomes with correlated random effects : an application on crime recidivism in Canada

Bresson, Georges; Lacroix, Guy; Rahman, Mohammad Arshad - 2020

This article develops a Bayesian approach for estimating panel quantile regression with binary outcomes in the presence of correlated random effects. We construct a working likelihood using an asymmetric Laplace (AL) error distribution and combine it with suitable prior distributions to obtain...

Persistent link: https://www.econbiz.de/10012163022

The environmental Kuznets curve : a semiparametric approach with cross-sectional dependence

Soberon, Alexandra; D'Hers, Irene - In: Journal of risk and financial management : JRFM 13 (2020) 11/292, pp. 1-23

This paper proposes a new approach to examine the relationship between CO2 emissions and economic developing. In particular, we propose to test the Environmental Kuznets Curve (EKC) hypothesis for a panel of 24 OECD countries and 32 non-OECD countries by developing a more flexible estimation...

Persistent link: https://www.econbiz.de/10012388215

SUR estimation of error components models with AR(1) disturbances and unobserbed endogenous effects

Egger, Peter - 2001

Persistent link: https://www.econbiz.de/10001642156