Transformed-likelihood estimators for dynamic panel models with a very small T
Sign Up to like & getrecommendations! Published in 2020 at "Political Science Research and Methods"
DOI: 10.1017/psrm.2020.30
Abstract: Conventional OLS fixed-effects and GLS random-effects estimators of dynamic models that control for individual-effects are known to be biased when applied to short panel data (T ≤ 10). GMM estimators are the most used alternative… read more here.
Keywords: estimators dynamic; transformed likelihood; gmm estimators; dynamic panel ... See more keywords
Refined GMM estimators for simultaneous equations models with network interactions
Sign Up to like & getrecommendations! Published in 2023 at "Empirical Economics"
DOI: 10.2139/ssrn.4285424
Abstract: The paper proposes a refinement of the generalized spatial two-stage and three-stage least squares estimators for simultaneous systems of equations with network interdependence, recently introduced in Drukker (Econom Theory 1-48, 2022). Specifically, we propose a… read more here.
Keywords: network; simultaneous equations; estimators simultaneous; refined gmm ... See more keywords