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Everything about First-difference estimator
Estimator in statistics and econometrics
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. Wikipedia →
🧠Start here: a 6-step reading path
- Read the overview: First-difference estimatorA 5-minute orientation
- Pick up a classic book: Imitation of ChristThe most-reprinted book on the subject
- Read the landmark paper: First-difference estimator for panel censored-selection modelsCited 12 times
- Go sideways: Fixed-effect Poisson modelA closely related topic
- Go sideways: Panel analysisA closely related topic
đź“– Definitions
No dictionary entry for this exact phrase.
🗂️ The subject at a glance
🏆 Landmark papers (most cited)
đź“š Books worth reading
Imitation of ChristThomas à Kempis, Jérôme de Gonnelieu · 1568- 📕Financial ManagementUnited States. General Accounting Office · 1987
Le capital au XXIe siècleThomas Piketty · 2013
The influence of Greek ideas and usages upon the Christian churchEdwin Hatch · 1890
Technical CommunicationJohn M. Lannon · 2000- 📕Miscellaneous problems in maritime navigation, transport and shippingAdam Weintrit, Tomasz Neumann · 2011
Proposal writingSoraya M. Coley, Cynthia A. Scheinberg · 1990- 📕Preston's treatise on book-keeping; or, Arbitrary rules made plainLyman Preston · 1833
Ranked by number of editions on Open Library, a rough measure of how lasting a book is.
đź”— Related topics
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