10.1 Define panel data. What is the advantage of using such data to make statistical and economic...

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10.1 Define panel data. What is the advantage of using such data to make statistical and economic inferences? Why is it necessary to use two subscripts, i and t, to describe panel data? What does i refer to? What does t refer to?

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Introduction To Econometrics

ISBN: 9781292071367

3rd Global Edition

Authors: James Stock, Mark Watson

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