Timeline for Implication for OLS of not using time component with panel data?
Current License: CC BY-SA 3.0
6 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| S Jul 24, 2013 at 13:00 | history | suggested | John | CC BY-SA 3.0 |
Additional info.
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| Jul 24, 2013 at 12:58 | review | Suggested edits | |||
| S Jul 24, 2013 at 13:00 | |||||
| Jul 24, 2013 at 11:51 | answer | added | IMA | timeline score: 1 | |
| Jul 24, 2013 at 7:23 | comment | added | semibruin | You are asking the validity of pooled OLS estimation in panel data model. When the individual or city has unobserved effect that is correlated with the observed covariates, the pooled ols will be biased and inconsistent. If you don't have panel structure, you probably have to find instruments for the endogenous variables. | |
| Jul 23, 2013 at 23:44 | review | First posts | |||
| Jul 23, 2013 at 23:57 | |||||
| Jul 23, 2013 at 23:25 | history | asked | John | CC BY-SA 3.0 |