CORDIS Project
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This project investigates methods to identify and estimate unobserved differences in individual preferences and firm technologies using panel data. It proposes a new approach to model unobserved heterogeneity, aiming to improve the accuracy of econometric analyses in various applications.
Modern economic research emphasizes heterogeneity in various dimensions, such as individual preferences or firms’ technology.
From an empirical perspective, the presence of unobserved heterogeneity (to the econometrician) creates challenging identification and estimation problems.
In this proposal we explore these issues in a context where repeated observations are available for the same individual, and the researcher disposes of panel data.
Most research to date adopts either of three approache…
FUNDACION CENTRO DE ESTUDIOS MONETARIOS Y FINANCIEROS
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