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Introduction to Regression Models for Panel Data Analysis ...

Panel data Analysis October 2011 Introduction to Regression Models for Panel data Analysis Indiana University Workshop in Methods October 7, 2011 Professor Patricia A. McManus WIM Panel data Analysis October 2011| Page 1 What are Panel data ? Panel data are a type of longitudinal data , or data collected at different points in time. Three main types of longitudinal data : Time series data . Many observations (large t) on as few as one unit (small N). Examples: stock price trends, aggregate national statistics. Pooled cross sections. Two or more independent samples of many units (large N) drawn from the same population at different time periods: o General Social Surveys o US Decennial Census extracts o Current Population Surveys* Panel data . Two or more observations (small t) on many units (large N). o Panel surveys of households and individuals (PSID, NLSY, ANES) o data on organizations and firms at different time points o Aggregated regional data over time This workshop is a basic Introduction to the Analysis of Panel data .

Oct 07, 2011 · 23 5 1 2.5 2.2 10 23 6 1 2.5 2.5 10 Notice that the data include: o A time-invariant unique identifier for each unit (StudentID) o A time-varying outcome (GPA) o An indicator for time (Semester). Panel datasets can include other time-varying or time-invariant variables

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