S
Stephen Bond
Researcher at University of Oxford
Publications - 133
Citations - 67404
Stephen Bond is an academic researcher from University of Oxford. The author has contributed to research in topics: Investment (macroeconomics) & Panel data. The author has an hindex of 47, co-authored 132 publications receiving 59059 citations. Previous affiliations of Stephen Bond include London School of Economics and Political Science & Institute for Fiscal Studies.
Papers
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Journal ArticleDOI
Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations.
Manuel Arellano,Stephen Bond +1 more
TL;DR: In this article, the generalized method of moments (GMM) estimator optimally exploits all the linear moment restrictions that follow from the assumption of no serial correlation in the errors, in an equation which contains individual effects, lagged dependent variables and no strictly exogenous variables.
Report SeriesDOI
Initial conditions and moment restrictions in dynamic panel data models
Richard Blundell,Stephen Bond +1 more
TL;DR: In this paper, two alternative linear estimators that are designed to improve the properties of the standard first-differenced GMM estimator are presented. But both estimators require restrictions on the initial conditions process.
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Initial conditions and moment restrictions in dynamic panel data models
Richard Blundell,Stephen Bond +1 more
TL;DR: In this paper, the autoregressive error components model was extended with a linear generalized method of moments (GMM) estimator, which was shown to be equivalent to the optimal GMM estimator for the normal homoskedastic error component model.
Report SeriesDOI
Dynamic panel data models: A guide to micro data methods and practice
TL;DR: This paper reviewed econometric methods for dynamic panel data models, and presented examples that illustrate the use of these procedures for the analysis of large number of individuals or firms observed for a small number of time periods.
Report SeriesDOI
GMM Estimation with persistent panel data: an application to production functions
Richard Blundell,Stephen Bond +1 more
TL;DR: In this article, the estimation of Cobb-Douglas production functions using panel data covering a large sample of companies observed for a small number of time periods was considered, and the additional instruments used in the extended GMM estimator yield much more reasonable parameter estimates.