Pandelis Mitsis

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Questions related from Pandelis Mitsis

How wrong is it using ‘hours worked’ in the wage equations and how can it be ‘corrected’?

Explanation: Including 'hours worked' in wage regressions renders the wage earnings equation being transformed into ‘inverse labour supply function’. Therefore, the variable ‘hours worked’ is...

26 February 2024 9,285 0 View

How you remove or deal with heteroskedasticity in a panel data model?

Long story short: I use a long unbalanced panel data set. All tests indicate that 'fixed effects' is more appropriate than 'random effects' or 'pooled OLS'. No serial correlation. BUT,...

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