Estimating Dynamic Models from Repeated Cross-Sections

M.J.C.M. Verbeek, F. Vella

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Abstract

A major attraction of panel data is the ability to estimate dynamic models on an individual level. Moffitt (1993) and Collado (1998) have argued that such models can also be identified from repeated cross-section data. In this paper we reconsider this issue. We review the identification conditions underlying alternative estimators and present an instrumental variables type estimator that is consistent under a relatively weak set of conditions. These conditions, however, are not trivially satisfied in applied work.
Original languageEnglish
Place of PublicationTilburg
PublisherEconometrics
Number of pages14
Volume2000-25
Publication statusPublished - 2000

Publication series

NameCentER Discussion Paper
Volume2000-25

Keywords

  • repeated cross-sections
  • pseudo panel data
  • chohorts
  • instrumental variables
  • individual dynamics

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