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Estimatorul GMM Arellano-Bond Robust×Estimatorul GMM Arellano-Bond pentru date de panel×
DomeniuEconometrieEconometrie
FamilieRegression modelRegression model
Anul apariției19911991
Autorul originalArellano & Bond (1991); robust inference extensions by Windmeijer (2005)Manuel Arellano and Stephen Bond
TipDynamic panel GMM estimator with robust inferenceDynamic panel GMM estimator
Sursa seminalăArellano, 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 ↗
Denumiri alternativeRobust Difference GMM, AB-GMM with robust standard errors, Robust first-difference GMM, Arellano-Bond robust estimatorArellano-Bond GMM, AB-GMM, difference GMM estimator, dynamic panel GMM
Înrudite65
RezumatThe Robust Arellano-Bond GMM estimator applies the Arellano-Bond first-difference GMM approach to dynamic panel data while computing heteroscedasticity- and autocorrelation-consistent (robust) standard errors. This combination handles the Nickell bias from lagged dependent variables and simultaneously yields reliable inference when error variances differ across units or periods.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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ScholarGateCompară metode: Robust Arellano-Bond GMM · Panel Arellano-Bond GMM. Preluat la 2026-06-20 de pe https://scholargate.app/ro/compare