In 2 applications we demonstrate that there is empirical support for the new forms of fixed effects and a (two-way) fixed effects estimators lead to inconsistency. The icing on the cake is a comprehensive list of available packages in #Stata and #R.
@statatexblog.com @statacorp.bsky.social
We further discuss how to identify the type of unobserved heterogeneity using tests for cross-section dependence, direct tests for interactive fixed effects and the estimation of the number of factors.
We cover estimators such as the Principal Component/Iterative fixed effects estimator, the common correlated effects estimator, two stage IV estimator, group fixed effects estimator and the latest contributions to non-separable fixed effects.
Together with Y. Karavias, I am reviewing the literature not only on interactive fixed effects, but also on grouped and non-separable fixed effects with practitioners in mind.
Nothing to read for your summer holiday? Then have a look at
"Interactive, Grouped and Non-separable Fixed Effects: A Practitioner's Guide to the New Panel Data Econometrics"
The paper is available here:
papers.ssrn.com/sol3/papers....
It is terrible and unbelievable that Microsoft makes one pay (indirectly) for it. I tried it multiple times to create code or translate slides. The code was just wrong and the translation summarized slides wrongly despite me prompting not to do it. The free ChatGPT did it without probs....
moremata, also from Ben Jann.
Cite the data and cite the programmers!
Es gibt bereits eine Verbindung München nach Bologna/Verona/Venedig. Seit kurzem werden OEBB Wagen eingesetzt welche recht bequem sind. Problem: die Verbindung ist chronisch verspätet. Wahrscheinlich hat sie immer niedrigste Priorität....
Our contribution to the collection are two articles!
"Behavioural theory and regional development: nurturing cultures of possibility"
doi.org/10.1080/0034...
"The geography of interregional FDI activity in Europe: uneven distribution and determinants"
doi.org/10.1080/1742...
🚨New Article🚨
"Spatial clusters of poverty among rural women in Nigeria: analysis and underlying predictors" by Tolulope Rachael Jerumeh.
www.tandfonline.com/doi/full/10....
🚨New Article🚨
"Asymmetric spatial effects of unemployment on health outcomes" by Min Lin & Han Lin.
www.tandfonline.com/doi/full/10....
🚨New Article🚨
"A theoretical analysis of the elasticity of per capita income in relation to population density" by José Pedro Pontes.
www.tandfonline.com/doi/full/10....
🚨New Article🚨
"Irish milk distribution models with space price equilibrium" by Morton E. O’Kelly.
www.tandfonline.com/doi/full/10....
1/29 Ich weiß ich wiederhole mich. Aber aus gegebenem Anlass (bzw. aus gegebenen Anlässen) ein Thread zu der Frage, ob wir nicht mal etwas mehr nüchterne strategische Analyse statt Panikmache bräuchten.
🚨New Article🚨
"Fast two-stage variational Bayesian approach to estimating panel spatial autoregressive models with unrestricted spatial weights matrices" by Deborah Gefang, Stephen G. Hall & George S. Tavlas.
www.tandfonline.com/doi/full/10....
🚨New Article🚨
"Mapping innovation in space" by Carolina Castaldi.
www.tandfonline.com/doi/full/10....
🚨New Article🚨
"On the political and socioeconomic geography of violence: Spatial heterogeneity and scale effects in Brazil" by Carlos Mendez & Mehak Sachdeva.
www.tandfonline.com/doi/full/10....
Desk reject
We are pleased to announce an experiment intended to stimulate academic discussion and exchange, centered on papers published in Econometrica 1/5
🚨New Article🚨
"Spatial dynamics and price determinants in the local gasoline retail market: evidence from Greater Santiago" by Pablo A. Henríquez, Jose Acuña & Valentina Apablaza.
www.tandfonline.com/doi/full/10....
What is the paper all about?
It so does....
dropbox is one of the most useful Stata commands there is, if you work on multiple computers or with collaborators. And it just got even better! Many thanks indeed to Raymond Hicks @arpie71.bsky.social
#econsky
🚨New Article Online🚨🚨
"Is agglomeration really crowded? The impact of urban spatial structure on return migration decisions" by Yue Zheng, Qiaoru Wang & Tingyu Liu.
www.tandfonline.com/doi/abs/10.1...
🚨🚨New Article Online🚨🚨
"Multiscale geographically weighted quantile regression" by
Allaa H. Elkady, Abdelnaser S. Abdrabou & Amira Elayouty.
www.tandfonline.com/doi/full/10....
🚨🚨 @ibprofaston.bsky.social, the Tax Justice Network and I, have a funded #PhD studentship @astonuniversity.bsky.social for someone with a quant background and interests in #profit #shifting, #tax-havens and #MNEs
Please help us spread the word!
#econsky📈📉
#geosky
👀👇
www.jobs.ac.uk/job/DLP949/p...
New version of #xtbreak! Version 2.0 comes with a lot of new features. Among them:
- support for unbalanced panel
- Python option to improve speed when working with long time series
- Several major updates and bug fixes.
The update is available on GitHub:
janditzen.github.io/xtbreak/
and SSC!
Interested in applying the methods in StataCorp LLC? Our article describing #xtbreak which implements the methods above for panels and time series models is available here:
arxiv.org/abs/2110.14550