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The paper is silent about the path of phase diagram why and how these paths are determined. If there is any (in a book) detailed explanation of these phase diagrams or anyone would like to explain...
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What is the minimum number of observations required to estimate Panel data ? I have 5 Firms, 9 years thus 45 observations. Please also mention reference of the book or article.
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If one estimates equations simultaneously through GMM (time series data for single country) and one suspects that errors of one equation may be correlated with the errors of other equations. Can...
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