|
|||||
|
|
First difference or forward demeaning: Implications for the method of moments estimators |
|
| Authors: | Cheng Hsiao Qiankun Zhou |
| Affiliation: | 1. Department of Economics, University of Southern California, University Park, Los Angeles, California, USA;2. Department of Quantitative Finance, National Tsing Hua University and WISE, Xiamen University, Xiamen, Chinachsiao@usc.edu;4. Department of Economics, Louisiana State University, Baton Rouge, Louisiana, USA |
| Abstract: | |
| Keywords: | Dynamic panel data model first difference forward demeaning generalized method of moments instrumental variable estimation |