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Dynamic Panel Data Models - Zentraler …

MotivationModelAlgebraEmpirical exampleConcluding remarksDynamic Panel data ModelsPeter LindnerJune 23, 2010 peter LindnerDynamic Panel data ModelsMotivationModelAlgebraEmpirical exampleConcluding remarksContents1 Motivation2 ModelBasic set-upProblemSolution3 Algebra4 Empirical example5 Concluding remarksLiteraturePeter LindnerDynamic Panel data ModelsMotivationModelAlgebraEmpirical exampleConcluding remarksMotivationMany economic issues are Dynamic by nature and use the paneldata structure to understand :Demand ( present demand depends on past demand) Dynamic wage equationEmployment modelsInvestment of firms; LindnerDynamic Panel data ModelsMotivationModelAlgebraEmpirical exampleConcluding remarksBasic set-upProblemSolutionOne way error component modelyit= yi,t 1+x it +uiti= 1.

Motivation Model Algebra Empirical example Concluding remarks Dynamic Panel Data Models Peter Lindner June 23, 2010 Peter Lindner Dynamic Panel Data Models

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