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Last, we apply the dominated convergence theorem to show that ∑︀𝑁 𝑖=1 𝑤2 𝑖 (𝑋𝑖 𝑇 − 𝑑′ 0𝑉𝑖𝑑0) → 0

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econ.EM 1

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2022 1

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UNVERDICTED 1

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Unit Averaging for Heterogeneous Panels

econ.EM · 2022-10-25 · unverdicted · novelty 6.0

Introduces minimum-MSE unit averaging estimator for heterogeneous panels, derives local asymptotic distribution under local heterogeneity, and applies to German regional unemployment forecasting.

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  • Unit Averaging for Heterogeneous Panels econ.EM · 2022-10-25 · unverdicted · none · ref 9

    Introduces minimum-MSE unit averaging estimator for heterogeneous panels, derives local asymptotic distribution under local heterogeneity, and applies to German regional unemployment forecasting.