Dynamic Panel Data Model: Partial Adjustment and Nickell Bias - Part III

Explore dynamic panel data models, focusing on partial adjustment and the Nickell bias in this 32-minute lecture. Delve into the intricacies of dynamic panel data analysis, understand the concept of partial adjustment in these models, and learn about the Nickell bias and its implications. Examine the Z matrix and its role in dynamic panel data modeling. Gain valuable insights into advanced econometric techniques for analyzing time-series cross-sectional data.