Arbeitspapier
On the Diminishing Returns of Higher-order Terms in Asymptotic Expansions of Bias
The relative magnitudes are compared of successive terms in a higher-order asymptotic expansion of the bias of the LSDV estimator in dynamic panels. We find that the leading term accounts for the major part of the actual bias in small samples. This implies that bias correction procedures can be based on relatively simple bias approximation formulas.
- Language
-
Englisch
- Bibliographic citation
-
Series: Tinbergen Institute Discussion Paper ; No. 02-099/4
- Classification
-
Wirtschaft
Estimation: General
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
- Subject
-
Mymptotic expansion
biM approximation
dynamic panel data model
finite sample biM
LSDV estimator
Bias
Panelforschung
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Bun, Maurice J.G.
Kiviet, Jan F.
- Event
-
Veröffentlichung
- (who)
-
Tinbergen Institute
- (where)
-
Amsterdam and Rotterdam
- (when)
-
2002
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Bun, Maurice J.G.
- Kiviet, Jan F.
- Tinbergen Institute
Time of origin
- 2002
Other Objects (12)
Composite asymptotic expansions
Asymptotic expansions at nonsymmetric cuspidal points
Discovering Asymptotic Expansions Using Symbolic Regression
Asymptotic expansions for general statistical models
Matched asymptotic expansions : ideas and techniques
Asymptotic Expansions for Multivariate Polynomial Approximation
Generation of Random Variates Using Asymptotic Expansions
Applied asymptotic expansions in momenta and masses
Matched asymptotic expansions in reaction diffusion theory
Asymptotic expansions in classical and free probability
Short-time asymptotic expansions of semilinear evolution equations
Asymptotic expansions for some semiparametric program evaluation estimators
Composite asymptotic expansions
Asymptotic expansions at nonsymmetric cuspidal points
Discovering Asymptotic Expansions Using Symbolic Regression
Asymptotic expansions for general statistical models
Matched asymptotic expansions : ideas and techniques
Asymptotic Expansions for Multivariate Polynomial Approximation
Generation of Random Variates Using Asymptotic Expansions
Applied asymptotic expansions in momenta and masses
Matched asymptotic expansions in reaction diffusion theory
Asymptotic expansions in classical and free probability
Short-time asymptotic expansions of semilinear evolution equations
Asymptotic expansions for some semiparametric program evaluation estimators
Composite asymptotic expansions
Asymptotic expansions at nonsymmetric cuspidal points
Discovering Asymptotic Expansions Using Symbolic Regression
Asymptotic expansions for general statistical models
Matched asymptotic expansions : ideas and techniques
Asymptotic Expansions for Multivariate Polynomial Approximation
Generation of Random Variates Using Asymptotic Expansions
Applied asymptotic expansions in momenta and masses
Matched asymptotic expansions in reaction diffusion theory
Asymptotic expansions in classical and free probability
Short-time asymptotic expansions of semilinear evolution equations