[Gretl-users] Re: Forecast graphic treatment of panel data
Am 29.02.2024 um 13:22 schrieb Brian Revell:
Hi Sven
understood. The workaround will have to suffice. I insert vertical
arrow separating the Panels on the horiz axis that obscure the
offending joining lines between the Panels
Brian
PS what is the issue with inclusion of a lagged dependent variable
-other than reduction in the sample length?
Well, it's the classic problem of the Nickell bias
(https://www.jstor.org/stable/1911408). That's why for short-T panels
the Arellano-Bond type dynamic panel methods were developed.
cheers
sven
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