John M. Abowd, Kevin L. McKinney
arXiv 29 Aug 2023 · Econometrics · publishedRevue économique (2024)
arXiv:2308.15445 · PDF · DOI · OpenAlex
We study mixed-effects methods for estimating equations containing person and firm effects. In economics such models are usually estimated using fixed-effects methods. Recent enhancements to those fixed-effects methods include corrections to the bias in estimating the covariance matrix of the person and firm effects, which we also consider.