Homogeneity pursuit in panel data models: Theory and applications

• Main Authors: WANG, Wuyi, PHILLIPS, Peter C. B., SU, Liangjun
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2016
• 主題: CARDS; Clustering; Heterogeneous slopes; Income and democracy; Minimum wage and employment; Oracle estimator; Panel structure model; Econometrics; Income Distribution
• 在線閱讀: https://ink.library.smu.edu.sg/soe_research/2055; https://ink.library.smu.edu.sg/context/soe_research/article/3054/viewcontent/SSRN_id2881906.pdf
• 機構: Singapore Management University

This paper studies estimation of a panel data model with latent structures where individuals can be classified into different groups where slope parameters are homogeneous within the same group but heterogeneous across groups. To identify the unknown group structure of vector parameters, we design a...