Why is it necessary to use two subscripts, (i) and (t), to describe panel data? What does

Question:

Why is it necessary to use two subscripts, $i$ and $t$, to describe panel data? What does $i$ refer to? What does $t$ refer to?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Introduction To Econometrics

ISBN: 9780134461991

4th Edition

Authors: James Stock, Mark Watson

See More Books

Question Posted: Apr 30, 2024 02:00 AM

See More Questions

CANMNMM January of this year. (a) Each item will be held in a record. Describe all the data structures that must refer to these records to implement the required functionality. Describe all the...
Microkernel operating systems aim to address perceived modularity and reliability issues in traditional "monolithic" operating systems. (i) Describe the typical architecture of a microkernel...
In this question you will be asked to reflect on a project you have been involved in or observed, in which a design evolved, or could have evolved, through applying a theory of user behaviour. You...
(a) Write the chemical reactions whose equilibrium constants are Kb and Ka for imidazole and imidazole hydrochloride, respectively.
How did corporate governance policies (or lack thereof) contribute to the financial crisis of 2008?
On June 30, 2018, Franza Company's total current assets were $900,000 and its total current liabilities were $360,000. On July 1, 2018, Franza issued a short-term note to a bank for $72,000 cash....
What is a marginal density function?
Was the purpose of the audit to exert cybernetic control, go/no-go control, or post-project control? Explain. MINI CASE It was July 2004. John West and Joy Adams had been through a lot since the...
What is ERD diagram? In what model we develop it? What does it contain? Do we create table in the ERD? Explain.
A researcher is using a panel data set on $n=1000$ workers over $T=10$ years (from 2008 through 2017) that contains the workers' earnings, sex, education, and age. The researcher is interested in...
Consider the one-variable regression model $Y_{i}=\beta_{0}+\beta_{1} X_{i}+u_{i}$, and suppose it satisfies the least squares assumptions in Key Concept 4.3. The regressor $X_{i}$ is missing,...
How do you feel about the feed feature common in social networks like Facebook? What risks does a firm expose itself to if it leverages feeds? How might a firm mitigate these kinds of risks?
Allison Hardware Companys payroll for November 2015 is as follows: factory, 140,000; sales, 32,000; and administrative, 36,000. The Social Security rate is 8% on an employees wages. Income tax...
Sanchez Co. enters into a contract to sell Product A and Product B on January 2, 2015, for an upfront cash payment of R$$150$,000. Product A will be delivered in 2 years (January 2, 2017) and...
On January 1, 2015, Cai Company issued a 10% convertible bond at par, with a face value of 100,000, maturing on January 1, 2025. The bond is convertible into ordinary shares of Cai at a conversion...
Selzer Equipment Company sold 500 Rollomatics during 2015 at $$6$,000 each. During 2015, Selzer spent $$30$,000 servicing the 2-year assurance-type warranties that accompany the Rollomatic....
Presented below are three independent situations. 1. Bruegger Transportation purchased a ship on January 1, 2015, for 20,000,000. The useful life of the ship is 40 years, but it is subject to a...
In some climates, cleaning the ice off the windshield of a car is a common chore on winter mornings. Explain how ice forms on the windshield during some nights even when there is no rain or snow.
The following information is for Montreal Gloves Inc. for the year 2020: Manufacturing costs Number of gloves manufactured Beginning inventory $ 3,016,700 311,000 pairs 0 pairs Sales in 2020 were...
Describe what the following function returns, in terms of its argument. unsigned int foo (unsigned int n) { } unsigned int m = Oxff; unsigned int maski = m | (m < < 16); unsigned int mask2 = mask1 <...
9) Sunland Inc. provided several entertainment services to Swifty Corporation in the past. On January 1, 2023, when the receivable for the past services was due, Swifty was unable to pay the...
c. Find the worst case runtime (big-O notation) for BogoSort, pseudocode is given below: dortant procedure BogoSort(array A) while not isInOrder(A): shuffle(A) shuffle() randomly reorders A but...

Why is it necessary to use two subscripts, (i) and (t), to describe panel data? What does

Question:

Step by Step Answer:

In panel data analysis it is necessary to use two subscripts i and t to describe the data because pa...View the full answer

Introduction To Econometrics

Students also viewed these Business questions