You are the man, i think i'm gonna pass my test in Panel Data because of your videos, keep up the good work
@rareclassicmovies642910 жыл бұрын
You previously mentioned that we use RE because POLS is not applicable but FE is more difficult, but here we do FE as the first step of using RE! It means that using RE is more complicated that using FE!
@fatmaosama42132 ай бұрын
great explanation, thanks
@TÔMTIÊNYÊN Жыл бұрын
Thank you Sir, how can we estimate the lamda hat ?
@lastua85624 жыл бұрын
Does sigma u refer to variance in i or t or both?
@lastua85624 жыл бұрын
You say we estimate lambda - Should we not have a confidence interval around it?
@shilpidas44214 жыл бұрын
Can you give me the related reference book for this topic?
@ecozi8 жыл бұрын
I don't understand what random sample in CS means. Aren't we following the same people through time when working with panel data of individuals? Then this assumption wouldn't hold, right? Can anyone explain please?
@lastua85624 жыл бұрын
not in pooled OLS. Here, we just have repeated cross-sections. --- well, that is what pooled OLS is. But if we have panel data, I guess we just "treat it" as it were repeated cross sections. We pool the data together as if there were no country/area/region/alpha-term included.