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…
Posts Tagged ‘panel data’
29 October 2015 5 comments
6 December 2010 No comments
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.