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2. Consider the following panel data model with a single regressor Yt = X1,it +i + Atuit. This model also can be written as
2. Consider the following panel data model with a single regressor Yt = X1,it +i + Atuit. This model also can be written as Yit = Bo+B1X1,it + 62B2+ + ... +8TBT++Y2D2i + +Yn Dni + uit, where B2t = 1 if t = 2 and 0 otherwise, D2 = 1 if i = 2 and 0 otherwise, and so forth. How are the coefficients (B0, 82, ..., ST, 2, ..., Yn) related to the coefficients (1,. .... an, 1, ..., T)?
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Differential Equations and Linear Algebra
Authors: Jerry Farlow, James E. Hall, Jean Marie McDill, Beverly H. West
2nd edition
131860615, 978-0131860612
