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Panel Data Analysis — Advantages and Challenges

Panel Data Analysis — Advantages and Challenges

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The collection of panel data is obviously much more costly than the col-lection of cross-sectional or time series data. However, panel data have become widely available in both developed and developing countries. The two most prominent panel data sets in the US are the National Longitudinal SurveysofLaborMarket Experience(NLS)and the University

  Data, Panels, Panel data

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