Joakim Westerlund
Professor, Programchef - Magisterprogram i Dataanalys och ekonomi
Panel bootstrap tests of slope homogeneity
Författare
Summary, in English
This paper proposes two bootstrap-based tests that can be used to infer whether the individual slopes in a panel regression model are homogenous. The first test is suitable when wanting to infer the null of homogeneity versus the general alternative, while the second is suitable when wanting to infer the units of the panel that can be pooled. Both approaches are shown to be asymptotically valid, a property that is verified in small samples using Monte Carlo simulation.
Avdelning/ar
- Nationalekonomiska institutionen
Publiceringsår
2016-06-01
Språk
Engelska
Sidor
1359-1381
Publikation/Tidskrift/Serie
Empirical Economics
Volym
50
Issue
4
Dokumenttyp
Artikel i tidskrift
Förlag
Physica Verlag
Ämne
- Economics
Nyckelord
- Block bootstrap
- Panel data
- Slope homogeneity test
Status
Published
ISBN/ISSN/Övrigt
- ISSN: 0377-7332