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Bootstrapping Error Component Models

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Author Info
Andersson, Michael K. (National Institute of Economic Research)
Karlsson, Sune () (Dept. of Economic Statistics, Stockholm School of Economics)

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Abstract

This paper proposes several resampling algorithms suitable for error component models and evaluates them in the context of bootstrap testing. In short, all the algorithms work well and lead to tests with correct or close to correct size. There is thus little or no reason not to use the bootstrap with error component models.

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Publisher Info
Paper provided by Stockholm School of Economics in its series Working Paper Series in Economics and Finance with number 304.

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Length: 12 pages
Date of creation: 12 Feb 1999
Date of revision: 30 Jun 2000
Publication status: Published in Computational Statistics, 2001, pages 221-231.
Handle: RePEc:hhs:hastef:0304

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Related research
Keywords: Panel data Bootstrap Bootstrap test Resampling

Find related papers by JEL classification:
C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Hypothesis Testing
C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Statistical Simulation Methods
C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data

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This page was last updated on 2008-7-13.


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