Panel Data Estimation for Correlated Random Coefficients Models

This paper considers methods of estimating a static correlated random coefficient model with panel data. We mainly focus on comparing two approaches of estimating unconditional mean of the coefficients for the correlated random coefficients models, the group mean estimator and the generalized least...

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Bibliographic Details
Main Authors: Cheng Hsiao, Qi Li, Zhongwen Liang, Wei Xie
Format: Article
Language:English
Published: MDPI AG 2019-02-01
Series:Econometrics
Subjects:
Online Access:https://www.mdpi.com/2225-1146/7/1/7