Regression modelPanel regression

Fama-MacBeth regresija

Fama-MacBeth postupak je dvostepena regresiona metodologija za analizu presecnih (cross-sectional) veza uz kontrolu vremenskih (time-series) struktura. Predstavljen od strane Fama i MacBeth (1973), on prvo procenjuje vremenske parametre za svaku presecnu jedinicu, a zatim regresuje ishode na te parametre preko preseka, prosekovanjem rezultata tokom vremena. Ovaj pristup elegantno odvaja dinamiku unutar jedinice od presecne heterogenosti i pruža standardne greške robusne na panel strukturu.

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Izvori

  1. Fama, E. F., & MacBeth, J. D. (1973). Risk, return, and equilibrium: Empirical tests. Journal of Political Economy, 81(3), 607-636. DOI: 10.1086/260061
  2. Shanken, J. (1992). On the estimation of beta-pricing models. Review of Financial Studies, 5(1), 1-33. DOI: 10.1093/rfs/5.1.1

Kako citirati ovu stranicu

ScholarGate. (2026, June 3). Fama-MacBeth Two-Step Regression. ScholarGate. https://scholargate.app/sr/econometrics/fama-macbeth-regression

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Citirana u

ScholarGateFama-MacBeth Regression (Fama-MacBeth Two-Step Regression). Preuzeto 2026-06-15 sa https://scholargate.app/sr/econometrics/fama-macbeth-regression · Skup podataka: https://doi.org/10.5281/zenodo.20539026