Browsing BI Open by Author "De Vos, Ignace"
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A method to evaluate the rank condition for CCE estimators
De Vos, Ignace; Everaert, Gerdie; Sarafidis, Vasilis (Peer reviewed; Journal article, 2023)We develop a binary classifier to evaluate whether the rank condition (RC) is satisfied or not for the Common Correlated Effects (CCE) estimator. The RC postulates that the number of unobserved factors, m, is not larger ... -
Handling Distinct Correlated Effects with CCE
Stauskas, Ovidijus; De Vos, Ignace (Journal article; Peer reviewed, 2024)The common correlated effects (CCE) approach by Pesaran is a popular method for estimating panel data models with interactive effects. Due to its simplicity, i.e., unobserved common factors are approximated with cross-section ...