The two-way Mundlak estimator

نویسندگان

چکیده

Mundlak shows that the fixed effects estimator is equivalent to random in one-way error component model once individual are modeled as a linear function of all averaged regressors over time. In spirit Mundlak, this paper result also holds for two-way and time functions across individuals. Wooldridge can be obtained pooled OLS with augmented by averages calls it estimator. While used GLS rather than on regression, we show both estimators regression. This extends Baltagi’s results from model. The F test suggested correlation between generate Hausman type easily generalizable fact, resulting F-tests regression related tests proposed Kang

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ژورنال

عنوان ژورنال: Econometric Reviews

سال: 2023

ISSN: ['1532-4168', '0747-4938']

DOI: https://doi.org/10.1080/07474938.2023.2178139