Fixed Effects Models

László Balázsi; László Mátyás; Tom Wansbeek

doi:10.1007/978-3-031-49849-7_1

Fixed Effects Models

László Balázsi
, László Mátyás^*
, Tom Wansbeek

^*Corresponding author for this work

Central European University
University of Groningen

Research output: Contribution to Book/Report types › Chapter › peer-review

Abstract (may include machine translation)

In recent years the massive emergence of multi-dimensional panels has led to an increasing demand for more sophisticated model formulations with respect to the well known two-dimensional ones to address properly the additional heterogeneity in the data. This chapter deals with the most relevant three-dimensional fixed effects model specifications and derives appropriate Least Squares Dummy Variables and Within estimators for them. The main results of the chapter are also generalized for unbalanced panels, cross-sectional dependence in the error terms, and higher dimensional data. Some thoughts on models with varying slope coefficients are also presented.

Original language	English
Title of host publication	The Econometrics of Multi-dimensional Panels
Editors	Laszlo Matyas
Publisher	Springer Science and Business Media Deutschland GmbH
Pages	1-37
Number of pages	37
ISBN (Print)	978-3-031-49848-0
DOIs	https://doi.org/10.1007/978-3-031-49849-7_1
State	Published - 1 Jan 2024

Publication series

Name	Advanced Studies in Theoretical and Applied Econometrics
Volume	54
ISSN (Print)	1570-5811
ISSN (Electronic)	2214-7977

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10.1007/978-3-031-49849-7_1

Cite this

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AU - Mátyás, László

AU - Wansbeek, Tom

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Fixed Effects Models

Abstract (may include machine translation)

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