TY  - RPRT
        AU  - Hsiao, Cheng
AU  - Pesaran, M. Hashem
        TI  - Random Coefficient Panel Data Models
        PY  - 2004/Aug/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 1236
        UR  - https://www.iza.org/index.php/publications/dp1236
        AB  - This paper provides a review of linear panel data models with slope heterogeneity, introduces
various types of random coefficients models and suggest a common framework for dealing
with them. It considers the fundamental issues of statistical inference of a random coefficients
formulation using both the sampling and Bayesian approaches. The paper also provides a
review of heterogeneous dynamic panels, testing for homogeneity under weak exogeneity,
simultaneous equation random coefficient models, and the more recent developments in the
area of cross-sectional dependence in panel data models.
        KW  - random coefficient models
KW  - dynamic heterogeneous panels
KW  - classical and Bayesian approaches
KW  - tests of slope heterogeneity
KW  - cross section dependence
        ER  -