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?
AppendixLO1
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
