Journal ArticleDOI
Prediction in the context of the variance-components model
TLDR
In this paper, the authors considered the question of a proper forecast in the context of the variance-components model and showed how residuals from the estimated equation should be included in the forecast.About:
This article is published in Journal of Econometrics.The article was published on 1979-04-01. It has received 52 citations till now. The article focuses on the topics: Forecast verification & Forecast skill.read more
Citations
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Econometric Analysis of Panel Data
TL;DR: In this article, the authors proposed a two-way error component regression model for estimating the likelihood of a particular item in a set of data points in a single-dimensional graph.
Journal ArticleDOI
Production Frontiers and Panel Data
Peter Schmidt,Robin C. Sickles +1 more
TL;DR: In this article, the authors consider the estimation of a stochastic frontier production function, which is the type introduced by Aigner, Lovell, and Schmidt (1977) and Meeusen and van den Broeck (1977).
Journal ArticleDOI
Forecasting with Panel Data
Badi H. Baltagi,Badi H. Baltagi +1 more
TL;DR: The authors give a brief survey of forecasting with panel data, starting with a simple error component regression model and surveying best linear unbiased prediction under various assumptions of the disturbance term, including various ARMA models as well as spatial auto-regressive models.
Journal ArticleDOI
Forecasting with panel data
Badi H. Baltagi,Badi H. Baltagi +1 more
TL;DR: In this paper, a survey of forecasting with panel data is given, which includes various ARMA models as well as spatial autoregressive models, and the best linear unbiased prediction under various assumptions of the disturbance term.
Journal ArticleDOI
Profiles of fertility, labour supply and wages of married women: a complete life-cycle model.
TL;DR: Moffitt's model is a beginning analysis of fertility and labor supply as a joint consumer-demand choice and assumes patterns of a couple's future consumption, wife's labor supply, and births are assumed to be planned at the beginning of marriage.
References
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Journal ArticleDOI
Specification Tests in Econometrics
TL;DR: In this article, the null hypothesis of no misspecification was used to show that an asymptotically efficient estimator must have zero covariance with its difference from a consistent but asymptonically inefficient estimator, and specification tests for a number of model specifications in econometrics.
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Pooling cross section and time series data in the estimation of a dynamic model : the demand for natural gas
Pietro Balestra,Marc Nerlove +1 more
Journal ArticleDOI
Best Linear Unbiased Prediction in the Generalized Linear Regression Model
TL;DR: In this article, the authors exploit the interdependence of disturbances in a regression model to predict post-sample drawings, which is often overlooked in the best linear unbiased predictor derived here.
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The use of variance components models in pooling cross section and time series data
TL;DR: In this paper, the applicability and usefulness of the maximum likelihood method and analysis of covariance techniques in the analysis of this type of model, particularly when one of the covariates used is a lagged dependent variable.