Bias Corrected Instrumental Variables Estimation for Dynamic Panel Models with Fixed Effects
نویسندگان
چکیده
منابع مشابه
Bias Corrected Instrumental Variables Estimation for Dynamic Panel Models with Fixed E¤ects
This paper proposes a new instrumental variables estimator for a dynamic panel model with xed e¤ects with good bias and mean squared error properties even when identi cation of the model becomes weak near the unit circle. We adopt a weak instrument asymptotic approximation to study the behavior of various estimators near the unit circle. We show that an estimator based on long di¤erencing the ...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2001
ISSN: 1556-5068
DOI: 10.2139/ssrn.276592