Posts Tagged ‘panel data’

Fixed effects or random effects: The Mundlak approach

Today I will discuss Mundlak’s (1978) alternative to the Hausman test. Unlike the latter, the Mundlak approach may be used when the errors are heteroskedastic or have intragroup correlation. Read more…

New Wooldridge edition just made available

Insiders have been waiting for the second edition of Econometric Analysis of Cross Section and Panel Data by Jeffrey M. Wooldridge. I have a copy and really recommend it; later I will write a review as to why.

The book is available at the Stata bookstore and the MIT Press bookstore. It is $84 at our bookstore and $94 at MIT. The book is not yet available from Amazon.