Misspecified Heterogeneity in Panel Data Models

In this paper we analyse systematically through Monte Carlo simulations the consequences of misspecified heterogeneity on the most popular linear panel data models. We also illustrate our findings, through the estimation of a well known investment demand model.


Issue Date:
Aug 01 1995
Publication Type:
Working or Discussion Paper
Language:
English
Total Pages:
35
Series Statement:
Working Paper 10/95




 Record created 2018-02-02, last modified 2018-02-03

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