Search found 2 matches
- Thu Jan 16, 2014 4:16 am
- Forum: Econometric Discussions
- Topic: Orthogonal Deviations in Dynamic Panel Data
- Replies: 0
- Views: 2935
Orthogonal Deviations in Dynamic Panel Data
Dear Members, Dear Gareth, it is not clear to me what is done in EViews if one specifies “orthogonal deviations” instead of “first differences” (Arellano Bond) as the transformation method in estimating a dynamic panel data model. Arellano and Bover (1995) describe “forward orthogonal deviations”, w...
- Mon Jan 13, 2014 7:21 am
- Forum: Estimation
- Topic: first difference and system GMM
- Replies: 6
- Views: 11672
Re: first difference and system GMM
Dear Members, Dear Gareth, it is not clear to me what is done in EViews if one specifies “orthogonal deviations” instead of “first differences” (Arellano Bond) as the transformation method in estimating a dynamic panel data model. Arellano and Bover (1995) describe “forward orthogonal deviations”, w...