Question: Find a further example of where panel regression models have been used in the academic finance literature and do the following: Explain why the

Find a further example of where panel regression models have been used in the academic finance literature and do the following:

● Explain why the panel approach was used.

● Was a fixed effects or random effects model chosen and why?

● What were the main results of the study and is any indication given about whether the results would have been different had a pooled regression been employed instead in this or in previous studies?

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