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A Repeated Cross-Sectional Data Set A Yit=β0+β1Xit+β2W1,it++β1+rWr,it+uitY _ { i t } = \beta _ { 0 } + \beta _ { 1 } X _ { i t } + \beta _ { 2 } W _ { 1 , i t } + \ldots + \beta _ { 1 + r } W _ { r , i t } + u _ { i t }

Question 11

Short Answer

A repeated cross-sectional data set a. is also referred to as panel data.
b. is a collection of cross-sectional data sets, where each cross-sectional data set corresponds to a different time period.
c. samples identical entities at least twice.
d. is typically used for estimating the following regression model
Yit=β0+β1Xit+β2W1,it++β1+rWr,it+uitY _ { i t } = \beta _ { 0 } + \beta _ { 1 } X _ { i t } + \beta _ { 2 } W _ { 1 , i t } + \ldots + \beta _ { 1 + r } W _ { r , i t } + u _ { i t }

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