Financial Stability of Insurance Companies in Selected CEE Countries

Furthermore, while static models (like fixed effects) omit dynamics and are often misspecified, the results from the dynamic panel analysis are supportive of the more common

This paper employs a battery of panel regression models – standard random and fixed effects, fixed effect IV and 2SLS, GMM-IV, and system GMM – to determine the effects of energy use

Each of the three static panel data models (pooled OLS, fixed effects and random effects).. applied specifies different orthogonality, rank and efficiency assumptions about

By selecting the appropriate panel econometric technique between fixed effects and random effects, the association between financial leverage and firm’s value of all cement

In this paper we presented an alternative random effects approach to the usual fixed effects gravity models of trade, in a three-dimensional panel data setup.. We showed that the

The empirical results derived from a static linear panel data analysis (random effects model) indicate that the real exchange rate, foreign income, foreign direct investment,

Key words: dynamic spatial panel data models, M-estimation, fixed effects, short panels, DALYs – disability-adjusted life years, the level of health, socio-economic

The empirical analysis will evaluate and test models that characterize panel analysis: the constant coefficients model, the fixed effects model and random effects model..