Dear All,
I am working on a panel data analysis with T = 23 and N = 48, and am considering using bias-corrected method of moments estimators, such as Arellano-Bond.
However, I came across the recommendation that moment-based methods are most appropriate when T is relatively small (e.g., T < 10). Given this, I would appreciate advice on the following:
I am working on a panel data analysis with T = 23 and N = 48, and am considering using bias-corrected method of moments estimators, such as Arellano-Bond.
However, I came across the recommendation that moment-based methods are most appropriate when T is relatively small (e.g., T < 10). Given this, I would appreciate advice on the following:
- Whether bias-corrected moment methods remain appropriate given my panel dimensions (T = 23, N = 48);
- Whether alternative estimators might be better suited to this context.
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