What is meant by a fixed effects model (FEM)? Since panel data have both time and space
Question:
What is meant by a fixed effects model (FEM)? Since panel data have both time and space dimensions, how does FEM allow for both dimensions?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (9 reviews)
In a fixed effects model FEM we allow each micro...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
What is meant by an adjustable peg system? What are the advantages and disadvantages of an adjustable peg system with respect to a system of permanently fixed exchange rates?
-
What is meant by making a proper year-end cutoff? Explain the effects of errors in the cutoff of sales transactions in both the income statement and the balance sheet.
-
What is meant by the Capital Asset Pricing Model? Describe how it relates to expected return and risk.
-
Write the acceleration vector a at the point indicated as a sum of tangential and normal components. r(0) = (cos, sin 20), 0 =
-
Suppose an annuity will pay $15,000 at the beginning of each year for the next 7 years. How much money is needed to start this annuity if it earns 7.3%, compounded annually?
-
As will be discussed in detail in Chapter 5, the ideal gas equation of state relates absolute pressure, P(atm); gas volume, V(liters); number of moles of gas, n(mol); and absolute temperature, T(K);...
-
The variance process in the Heston model satisfy a CIR process: \[d V_{t}=\kappa\left(\bar{V}-V_{t} ight)+\sigma \sqrt{V_{t}} d W_{t}\] Use Ito to calculate the dynamics of the volatility process...
-
Consider the following hypothesis test: H0: 20 Ha: < 20 A sample of 50 provided a sample mean of 19.4. The population standard deviation is 2. a. Compute the value of the test statistic. b. What...
-
Rank the following three single taxpayers in order of the magnitude of taxable income. Assume none of the taxpayers contributed to charity this year. Note: First mean highest taxable income, third...
-
1. Describe the characteristic traits of leadership at GE. How would you describe Flannerys leadership style? 2. Do you believe that leadership style and connection with employees can influence...
-
What are the special features of (a) cross-section data, (b) time series data, and (c) panel data?
-
What is meant by an error components model (ECM)? How does it differ from FEM? When is ECM appropriate? And when is FEM appropriate?
-
How are standards set for materials?
-
What does it mean to take a long-term perspective with respect to structuring a deal?
-
What kind of investors want to get actively involved with their companies, and why?
-
With what business aspects are investors most likely to get involved?
-
What affects the success of raising a VC fund?
-
What is the effect on performance of replacing a company founder with an outside CEO?
-
Tanisha owns a convertible or Joan does not own a Volvo. Let p: Tanisha owns a convertible. q: Joan owns a Volvo. Translate each statement into symbols. Then construct a truth table for each compound...
-
C- Consider the following scenario:- A supermarket needs to develop the following software to encourage regular customers. For this, the customer needs to supply his/her residence address, telephone...
-
Which accountant (financial or managerial) would prepare each of the following reports: a. Income statement for the Gatorade division of PepsiCo b. Balance sheet for Walmart prepared in accordance...
-
Burns Company incurred costs for the following items. 1. Salary of chief financial officer 2. Factory insurance 3. Salary for salespeople 4. Raw materials used in production easily traced to the...
-
Leighton, Inc., incurred costs for the following items. 1. Janitorial services in the production facility 2. Personnel department supplies 3. Shipping costs for raw materials purchased from a...
-
Use the information below to answer the questions that follow. U.S. $ EQUIVALENT U.K. pound () 1.5939 Canada dollar (Can$) 1.0091 a. Which would you rather have, $100 or 100? CURRENCY PER U.S. $...
-
What are the molecular mechanisms underlying cellular respiration, and how do they facilitate the conversion of chemical energy stored in organic molecules into adenosine triphosphate (ATP) for...
-
How can advancements in respiratory diagnostics, imaging modalities, and pulmonary rehabilitation techniques enhance our understanding of respiratory pathophysiology and improve clinical management...
Study smarter with the SolutionInn App