| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5059308 | Economics Letters | 2014 | 4 Pages |
Abstract
In a recent article Bai (2013a) proposes a new factor analytical method (FAM) for the estimation of fixed-effects dynamic panel data models, which has the unique and very useful property that it is asymptotically bias free. In this paper we provide Monte Carlo evidence of the good small-sample performance of FAM, that complement Bai's theoretical study.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Milda Norkute,