Fixed effects models

Laszlo Balazsi, Laszlo Matyas, Thomas Wansbeek

Research output: Chapter in Book/Report/Conference proceedingChapterAcademicpeer-review

3 Citations (Scopus)
15 Downloads (Pure)

Abstract

In recent years the massive emergence of multi-dimensional panels has led to an increasing demand for more sophisticated model formulations with respect to the well known two-dimensional ones to address properly the additional heterogeneity in the data. This chapter deals with the most relevant three-dimensional fixed effects model specifications and derives appropriate Least Squares Dummy Variables and Within estimators for them. The main results of the chapter are also generalized for unbalanced panels, cross-sectional dependence in the error terms, and higher dimensional data. Some thoughts on models with varying slope coefficients are also presented.
Original languageEnglish
Title of host publicationThe econometrics of multi-dimensional panels
EditorsL. Balazsi
PublisherSpringer
Chapter1
Pages1-37
Number of pages37
Edition2
ISBN (Electronic)978-3-031-49849-7
ISBN (Print)978-3-031-49848-0
DOIs
Publication statusPublished - 2-Feb-2024

Publication series

NameAdvanced Studies in Theoretical and Applied Econometrics
PublisherSpringer
Volume54

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