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Panel Data Analysis—Advantages and Challenges

id:2076 时间:20131014 status:published 点击数:
作者Cheng Hsiao
正文We explain the proliferation of panel data studies in terms of (i) data availability, (ii) the more heightened capacity for modeling the complexity of human behavior than a single cross-section or time series data can possibly allow, and (iii) challenging methodology. Advantages and issues of panel data modeling are also discussed.
JEL-Codes:
关键词:Panel data,Longitudinal data,Unobserved heterogeneity,Random effects,Fixed effects
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