This article challenges Fixed Effects (FE) modelling as the 'defaultÂ' for time-series-cross-sectional and panel data. Understanding differences between within- and between-effects is crucial when ch
Knowledge of contagion among economies is a relevant issue in economics. The canonical model of contagion is an alternative in this case. Given the existence of endogenous variables in the model, inst
In this paper we propose methods to construct confidence intervals for the bias of the two-stage least squares estimator, and the size distortion of the associated Wald test in instrumental variables