Estimation of fixed effects dynamic panel data models: linear differencing or conditional expectation

Hsiao, C

Hsiao, C (corresponding author), Univ Southern Calif, Dept Econ, Los Angeles, CA 90007 USA.

ECONOMETRIC REVIEWS, 2020; 39 (8): 858

Abstract

This note discusses the pros and cons of using the conditional mean approach of Mundlak and Chamberlain and the linear difference approach to deal wit......

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