Econometrics - Panel Data
4 important questions on Econometrics - Panel Data
What can we do with panel data?
- Control for factors that vary across entities, but not over time;
- Control for factors that are unobserved/unmeasured
What is first-differencing panel data method?
What is the main goal of the first-differencing panel data method and why does it sometimes not work?
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What is the fixed-effects transformation?
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