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Robust Difference GMM×पैनल अरेलानो-बॉन्ड जीएमएम एस्टीमेटर×
क्षेत्रअर्थमितिअर्थमिति
परिवारRegression modelRegression model
उद्भव वर्ष1991 / 20051991
प्रवर्तकArellano & Bond (1991); robust inference extension via Windmeijer (2005)Manuel Arellano and Stephen Bond
प्रकारGMM estimator with robust standard errorsDynamic panel GMM estimator
मौलिक स्रोतArellano, M., & Bond, S. (1991). Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. The Review of Economic Studies, 58(2), 277-297. DOI ↗Arellano, M., & Bond, S. (1991). Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. Review of Economic Studies, 58(2), 277–297. DOI ↗
उपनामrobust Arellano-Bond estimator, difference GMM with robust SE, HAC difference GMM, AB-GMM robustArellano-Bond GMM, AB-GMM, difference GMM estimator, dynamic panel GMM
संबंधित65
सारांशRobust Difference GMM applies the Arellano-Bond first-difference GMM estimator with heteroscedasticity- and autocorrelation-consistent (HAC) or Windmeijer-corrected standard errors, delivering valid inference for dynamic panel models even when error variances are non-constant or residuals are cross-sectionally correlated.The Arellano-Bond GMM estimator addresses the two core problems of dynamic panel models — individual fixed effects correlated with the regressors, and the endogeneity introduced by a lagged dependent variable — by first-differencing to remove fixed effects and then using lagged levels of the dependent variable as internal instruments.
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  3. PUBLISHED

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