Erik Biørn, Erik Biørn, Erik Biørn, and Erik Biørn
- Published in print:
- 2016
- Published Online:
- December 2016
- ISBN:
- 9780198753445
- eISBN:
- 9780191815072
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198753445.003.0010
- Subject:
- Economics and Finance, Econometrics
This chapter extends some of the models and procedures discussed in Chapters 2 and 3 to handle unbalanced panel data with unobserved heterogeneity. Types of unbalance are discussed and may affect the ...
More
This chapter extends some of the models and procedures discussed in Chapters 2 and 3 to handle unbalanced panel data with unobserved heterogeneity. Types of unbalance are discussed and may affect the preferred procedure. Attention is given to the required modifications of the within-, between-, GLS- and OLS-estimators and their relationships. Two kinds of between-estimators are involved. Procedures for estimation of the variance components and joint ML estimation of coefficients and variance components are discussed.Less
This chapter extends some of the models and procedures discussed in Chapters 2 and 3 to handle unbalanced panel data with unobserved heterogeneity. Types of unbalance are discussed and may affect the preferred procedure. Attention is given to the required modifications of the within-, between-, GLS- and OLS-estimators and their relationships. Two kinds of between-estimators are involved. Procedures for estimation of the variance components and joint ML estimation of coefficients and variance components are discussed.
