EconBase
← All papers

Spectral and post-spectral estimators for grouped panel data models

Denis Chetverikov, Elena Manresa

arXiv 26 Dec 2022 · Econometrics · 13 citations (OpenAlex)

arXiv:2212.13324 · PDF · DOI · OpenAlex · Extracted main text

Abstract

In this paper, we develop spectral and post-spectral estimators for grouped panel data models. Both estimators are consistent in the asymptotics where the number of observations $N$ and the number of time periods $T$ simultaneously grow large. In addition, the post-spectral estimator is $\sqrt{NT}$-consistent and asymptotically normal with mean zero under the assumption of well-separated groups even if $T$ is growing much slower than $N$. The post-spectral estimator has, therefore, theoretical properties that are comparable to those of the grouped fixed-effect estimator developed by Bonhomme and Manresa (2015). In contrast to the grouped fixed-effect estimator, however, our post-spectral estimator is computationally straightforward.

Citation extraction

43
references
93
in-text mentions
41
distinct cited
2
self-citations
21,957
main-text words

appendix boundary found by appendix_command · 80% of the source is main text. Read the extracted text to check this.

Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Moon, R. and Weidner, M (2019) Nuclear norm regularized estimation of panel regression models1.00073100%
2Bonhomme, S. and Manresa, E (2015) Grouped patterns of heterogeneity in panel data self0.97916794%
3Vershynin, R (2018) High-dimensional probability: an introduction with applications in data science0.96419589%
4Bai, J (2009) Panel data models with interactive fixed effects0.92843100%
5Löffler, M., Zhang, A., and Zhou, H (2021) Optimality of spectral clustering in the Gaussian mixture model0.73732100%
6Pesaran, H (2006) Estimation and inference in large heterogenous panels with a multifactor error structure0.64441100%
7Vempala, S. and Wang, G (2004) A spectral algorithm for learning mixture models0.64422100%
8Bai, J. and Ng, S (2002) Determining the number of factors in approximate factor models0.51121100%
9Hahn, J. and Moon, R (2010) Panel data models with finite number of multiple equilibria0.51121100%
10Arellano, M (1987) Computing robust standard errors for within-group estimators0.40511100%

Showing the top 10 of 41 scored citations.

Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1Robust Estimation and Inference in Panels with Interactive Fixed Effects0.87452
2K-Means Panel Data Clustering in the Presence of Small Groups0.73732
3A Simple and Computationally Trivial Estimator for Grouped Fixed Effects Models0.693181
4Interactive, Grouped and Non-separable Fixed Effects: A Practitioner's Guide to the New Panel Data Econometrics0.69351
5Confidence Set for Group Membership0.40511
6Nuclear Norm Regularized Estimation of Panel Regression Models0.40511
7Causal Models for Longitudinal and Panel Data: A Survey0.40511
8Optimal Categorical Instrumental Variables0.40511
9Inference after discretizing time-varying unobserved heterogeneity0.40511
10Robust Inference Methods for Latent Group Panel Models under Possible Group Non-Separation0.40511