Panel data
1
Overview
Chapter 13&14
What is a Panel
First-differenced estimator
Fixed-effect estimator
Difference-in-difference estimator
Random-effect estimator
2
What is a panel
N T format of data
T different values for the same unit over time
Unba
Instrumental Variable
1
The Plan
Chapter 15
What is an instrument variable
IV estimation in simple regression
Effects of poor instruments
IV estimation in multiple regression
Addressing error-in-variables with IV
Testing for endogeneity
Testing for over
Inference
Overview
Normal distribution and other distributions
Central limit theorem
Hypothesis testing
T test for single parameter
t distribution of estimator
Two tailed test
One tailed test
p value
t test for combination of parameters
F test for mul