First-difference estimator
id:
first-difference-estimator-168-1311896
title:
First-difference estimator
text:
In statistics and econometrics, the first-difference (FD) estimator is an estimator used to address the problem of omitted variables with panel data. It is consistent under the assumptions of the fixed effects model. In certain situations it can be more efficient than the standard fixed effects estimator, for example when the error terms follows a random walk. The estimator requires data on a dependent variable, y i t, and independent variables, x i t, for a set of individual units i = 1, …, N a
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/First-difference_estimator
date created:
2012-01-19T17:50:42Z
date modified:
2024-08-30T17:56:35Z
main entity:
{"identifier":"Q5452193","url":"https://www.wikidata.org/entity/Q5452193"}
image:
fields total:
13
integrity:
14