• Title of article

    Lagged dependent variables and specification bias

  • Author/Authors

    Terra McKinnish، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2005
  • Pages
    5
  • From page
    55
  • To page
    59
  • Abstract
    Many panel data models include a lagged dependent variable as a regressor. Analytical results in this note show that common forms of misspecification induce negative bias in the coefficient estimate. An analysis of welfare caseloads illustrates these results.
  • Keywords
    Lagged dependent variable , Specification error , convergence , Welfare caseloads
  • Journal title
    Economics Letters
  • Serial Year
    2005
  • Journal title
    Economics Letters
  • Record number

    435700

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=435700