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This paper considers the statistical analysis of large panel data sets where even after conditioning on common observed effects the cross section units might remain dependently distributed. This could arise when the cross section units are subject to unobserved common effects and/or if there are...
Persistent link: https://www.econbiz.de/10005703218
This paper considers the statistical analysis of large panel data sets where even after conditioning on common observed effects the cross section units might remain dependently distributed. This could arise when the cross section units are subject to unobserved common effects and/or if there are...
Persistent link: https://www.econbiz.de/10013316833
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life-cycle economy made up of peer groups. For this purpose, we consider two analytically solvable life-cycle models, one …
Persistent link: https://www.econbiz.de/10014159030