
Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501
Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
Edition 3ISBN: 978-9352863501 Exercise 8
Consider observations (Y it , X it ) from the linear panel data model
where t = 1,..., T ; i = 1, …, A; and i + i t is an unobserved individual-specific time trend. How would you estimate ß 1

where t = 1,..., T ; i = 1, …, A; and i + i t is an unobserved individual-specific time trend. How would you estimate ß 1
Explanation
Consider
is an unobserved individual ...
Introduction to Econometrics 3rd Edition by James Stock, Mark Watson
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