On the robustness of the pooled cce estimator
WebOn the robustness of the pooled CCE estimator. Artūras Juodis, Hande Karabiyik and Joakim Westerlund () . Journal of Econometrics, 2024, vol. 220, issue 2, 325-348 . Abstract: Among the existing estimators of factor-augmented regressions, the CCE approach is the most popular. A major reason for this popularity is the simplicity and good small-sample … WebThe National Agricultural Library is one of four national libraries of the United States, with locations in Beltsville, Maryland and Washington, D.C.
On the robustness of the pooled cce estimator
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WebThe purpose is to study the asymptotic properties of the pooled CCE estimator under more realistic conditions. In particular, the common factor component may be correlated with …
Web24 de mar. de 2012 · On the robustness of the pooled CCE estimator. Article. Full-text available. Jun 2024; J ECONOMETRICS; ... show that a CCE pooled estimator even in a dynamic panel is consistent as long as (N, T ... WebThis paper develops a novel Method of Moments approach for panel data models with endogenous regressors and unobserved common factors. The proposed approach does not require estimating explicitly a large number of parameters in either time-series or cross-sectional dimension, T and N respectively. Hence, it is free from the incidental parameter …
Web1 de jun. de 2013 · The purpose is to study the asymptotic properties of the pooled CCE estimator under more realistic conditions. In particular, the common factor component may be correlated with the regressors, and the true number of common factors, r , can be larger than the number of estimated factors, which in CCE is given by k + 1 , where k is the … Web13 de mai. de 2024 · Pesaran (Citation 2006) proposes a nonparametric estimator of the variance-covariance matrix of the . N-consistent pooled CCE estimator. This estimator uses the sample variance-covariance matrix of cross-section specific slope estimates. The evidence therein has shown that this estimator behaves very well in finite samples. …
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Web10 de abr. de 2024 · The AMG estimator strongly validates the EKC hypothesis asserting that the EKC holds in 30 of the 50 states with turning points for income per capita lie between $1292 and $48597 . chinese tuition + secondary schoolWeb1 de mar. de 2012 · On the robustness of the pooled CCE estimator. Journal of Econometrics, Volume 220, Issue 2, 2024, pp. 325-348. Show abstract. Among the … grandwood insuranceWebThe purpose is to study the asymptotic properties of the pooled CCE estimator under more realistic conditions. In particular, the common factor component may be correlated with the regressors, and the true number of common factors, r , can be larger than the number of estimated factors, which in CCE is given by k + 1 , where k is the number of regressors. chinese tulip treeWeb1 de jan. de 2024 · The corresponding α vs. Δ curve is the so-called pushdown curve, as shown in Fig. 2.Evidently, the pushdown curve usually has three stages, i.e., elastic … grandwood homes perthWeb13 de ago. de 2024 · Abstract. This article extends the common correlated effects pooled (CCEP) estimator to homogenous dynamic panels. In this setting, CCEP suffers from a … chinese tung oilWeb8 de out. de 2024 · In this paper, we compare alternative estimation approaches for factor augmented panel data models. Our focus lies on panel data sets where the number of panel groups (N) is large relative to the number of time periods (T). The principal component (PC) and common correlated effects (CCE) estimators were originally developed for … chinese tung treeWebHowever, the corresponding common correlated effects (CCEs) estimator can be sensitive to the number of cross‐section averages used and/or the static factor representation for observables. ... Hande & Westerlund, Joakim, 2024. "On the robustness of the pooled CCE estimator," Journal of Econometrics, Elsevier, vol. 220(2), pages 325-348. chinese tuncurry