a. In the fixed effects regression model, are the fixed entity effects, i, consistently estimated as n
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b. If n is large (say, n = 2000) but T is small (say, T = 4), do you think that the estimated values of αi are approximately normally distributed? Why or why not?
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Related Book For
Introduction to Econometrics
ISBN: 978-0133595420
3rd edition
Authors: James H. Stock, Mark W. Watson
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