A combined random effect and fixed effect forecast for panel data models
When some of the regressors in a panel data model are correlated with the random individual effects, the random effect (RE) estimator becomes inconsistent while the fixed effect (FE) estimator is consistent. Depending on the various degree of such correlation, we can combine the RE estimator and FE...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
KeAi Communications Co.
2019
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |