In the panel data models estimated in Section 17.4, neither the logit nor the probit model provides
Question:
In the panel data models estimated in Section 17.4, neither the logit nor the probit model provides a framework for applying a Hausman test to determine whether fixed or random effects is preferred. Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
Look at the two cases Neither case has an estimator which is consistent in both cases In both cases ...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
When are panel data regression models inappropriate? Give examples.
-
Data related to the expected sales of two types of flat panel TVs for Yan Electronics Inc. for the current year, which is typical of recent years, are as follows: The estimated fixed costs for the...
-
Efferson Electronics manufactures two large-screen television models. The 32-inch flat-panel LCD model has been in production since 2009 and sells for $900. The company introduced a 42-inch plasma...
-
Given that, VDD = 5V, VTN = 0.4 V, kn = 100 A/V, An = 0.02 V-, () = 80, R = 4 kN, R = 0.5 MN, R3 = 4.5 M, and assume that the current through R and R3 is negligible compared to IDs. 1) Find Vo. For...
-
What is the uncertainty principle with respect to momentum and position?
-
Which of the following assigns the number of characters in the strAddress variable to the intNum variable? a. intNum = strAddress.Length b. intNum = strAddress.LengthOf c. intNum = Length(strAddress)...
-
Frosting of evaporator tubes results in (a) increased heat transfer rate (b) decreased heat transfer rate (c) increased compressor pressure (d) decreased compressor pressure
-
Explain why Mayo Clinic is so good at customer service. Why has it been so successful practicing medicine differently from other hospitals?
-
Consider how an emphasis on effectiveness instead of success might change your perspective on your assessment of personal, vocational, and relational flourishing. What changes in your attention,...
-
a. The mean and standard deviation of a sample of 100 is x = 1500 and s = 300. Estimate the population mean with 95% confidence. b. Repeat part (a) with s = 200. c. Repeat part (a) with s = 100. d....
-
Prove (17-29). In Lo = n[Pln P + (1 P) In(1 P)], %3D
-
We are interested in the ordered probit model. Our data consist of 250 observations, of which the responses are Using the preceding data, obtain maximum likelihood estimates of the unknown parameters...
-
The following information is available for Raleigh Company: Expected sales volume: Additional information: a. Each month 70% of sales are collected by month-end; the remaining 30% are collected in...
-
Diffusion is incredibly important for the proper functioning of cells. Our question today is whether or not it is diffusion that is the cause of the commonalities between different cells in their...
-
Evaluate each of the following integrals, using a trigonometric substitution. Do not forget the back substitution. Solving using other methods is not acceptable. (A) 1- dx 4x+1 (B) - 1 x16-x -dxx
-
Flux Ltd needs $500,000 for a new project. If the company's weighted average flotation cost is 5.02% and the relevant tax rate is 30%, what is the true cost of this project
-
Solve the following logarithmic equation. If necessary, use a scientific or graphing calculator to round your answers to three decimal places. log2 (3x+2) (3x+2)=6 Enter your solution to the equation...
-
1. If you borrow $10,000 from your brother today and agree to repay $11,250 in three years' time. What is the interest rate on this loan? Round to the nearest per cent. 2. You are evaluating an...
-
A long Pyroceram rod (Ï = 2600 kg/m 3 , c p = 808 J/kg·K, k = 3.98 W/m·K, and α = 1.89 à 10 6 m 2 /s) with diameter of 10 mm has an initial uniform temperature...
-
Show that gj concave AHUCQ Abadie For nonnegative variables, we have the following corollary.
-
For the model in the previous exercise, what is the probability limit of s2 = 1/n ni=1 (yi y)2? Note that s2 is the least squares estimator of the residual variance. It is also n times the...
-
Two samples of 50 observations each produce the following moment matrices. (In each case, X is a constant and one variable.) a. Compute the least squares regression coefficients and the residual...
-
Using the data in Exercise 3, use the OberhoferKmenta method to compute the maximum likelihood estimate of the common coefficient vector
-
A 9 Loan amount Annual interest rate Number of years until maturity Annual payment amount B $300,000.00 Date Graded Worksheet 7% 4 On January 1, 2024, a company borrows cash from a local bank by...
-
As we have seen in this course, virtually every generation has felt that the existing threat to its privacy was unprecedented in nature. That said, the sheer capacity to collect metadata which exists...
-
In 1982 the inflation rate hit 16%. Suppose that the average cost of a textbook in 1982 was $20. What was the expected cost in the year 2017 if we project this rate of inflation on the cost? (Assume...
Study smarter with the SolutionInn App