Understanding Error Component Models

Поділитися
Вставка
  • Опубліковано 22 жов 2024

КОМЕНТАРІ • 12

  • @CrunchEconometrix
    @CrunchEconometrix  4 роки тому +3

    I want to appreciate all my subscribers from across the globe (Africa, Asia, Europe, the Middle East, The Americas, and The Pacific). Thank you all for your support. I am encouraged by your comments, questions, likes and critiques. They keep me focussed and poised to do better. I will continue to contribute my little quota such that every student and researcher will independently analyse his/her data. My teaching approach is very practical. I adopt a do-as-I-do style. Many thanks to those who have supported me by telling others. Once again, CrunchEconometrix loves to teach, support my Channel with your subscription, likes, feedbacks and sharing my videos with your cohorts. Please do not keep me to yourself (lol) inform your friends, students and academic networks about my Channel. Tell them CrunchEconometrix breaks down the econometric jargons and teaches with simplicity. Follow me on Facebook, Twitter and Reddit. Love you all, greatly!!! 

  • @luizabpr
    @luizabpr 2 роки тому +1

    Many thanks from Brazil!

  • @laraibjaspal6882
    @laraibjaspal6882 4 роки тому

    Great Work..Thumbs up for You Mam

    • @CrunchEconometrix
      @CrunchEconometrix  4 роки тому +1

      Thanks Laraib, for the encouraging words and feedback. Deeply appreciated!

  • @nurudeenyusuff2741
    @nurudeenyusuff2741 Рік тому

    thank for your effort to make some of us who are new in the field of econometrics to fill at home.
    kindly note that with my little understanding on on ERROR COMPONENT MODEL SERRIES MA, I notice that it is related to my proposed topic : MODELLING AND BOOTSTRAPING ANALYTICS OF PANEL DATA WITH HETEROGENEITY AND SERRIAL CORRELATION OF ERROR TERM.
    your error component series will help me to solve the problrm of HETEROGENIETY but yet to grap a series on how to deal with serrial correlation in my topic.
    lastly ma on the payment. if we can pay through other miss like transfer or send through bank kindly assist.and please withmy topic above what do u think should be my aim and objective statement of the problem e t c. in general how do u guide me on my topic ma please.

    • @CrunchEconometrix
      @CrunchEconometrix  Рік тому

      Hi Nurudeen, I responded to you on FB on this query regarding your thesis. Please bear with me your query is outside my Terms of Engagement. Kindly liaise with your Supervisor on issues regarding Research Statement, Objectives, Questions etc. I have only provided estimation techniques and empirical models that students will find helpful. Thus, I limit interactions to questions related to my video tutorials.
      I understand your situation and I will offer some advice:
      1) do a thorough empirical review of the literature related to your study
      2) focus on the variables, empirical models and estimation techniques covered in those papers
      3) access the Internet for video tutorials related to the techniques that best fit your study. I have 153 videos suitable for final year thesis across UG and PG levels
      4) watch those videos
      5) prep your data
      6) follow the steps shown in those videos
      7) analyse your data
      8) interpret your results.
      Kindly know that my UA-cam videos are FREELY accessible only access to the 84 videos on my Teachable platform are via a one-off payment of $200.00. Additional perks to enrollees: access to articles, free datasets and Stata dofiles.
      Please let me know if you require further assistance and I will do my best to guide you. Thanks.

  • @haddaderadra2310
    @haddaderadra2310 3 роки тому +1

    hi, i am from algeria , thank you for this wonderful explication, i want to ask you about two way error component model, in the case of fixed effect how do we know if there is individual fixed effect or time fixed effect? or we can have the two cases in the same model ?

    • @CrunchEconometrix
      @CrunchEconometrix  3 роки тому +1

      Thanks for the encouraging feedback, Hadda. Deeply appreciated! You may need to watch the my series on "Error Component Models" for answers to your queries. Kind regards.

  • @asanteka.2403
    @asanteka.2403 4 роки тому

    Great Prof , thanks for thé vidéo.
    I just have a worry, when constructing an interaction term in a panel data analysis(1990-2015), are variables like GDP , inflation , inv etc considered continuous or discrete variables ? And why?

    • @CrunchEconometrix
      @CrunchEconometrix  4 роки тому +1

      Hi Asante, those are continous variables. To know why, kindly pick any basic mathematics or econometrics textbook for more explanation. Thanks.

    • @asanteka.2403
      @asanteka.2403 4 роки тому +1

      @@CrunchEconometrix thanks very much prof.