Thursday - November 21, 2024
New York Fed: 'A Simple Diagnostic for Time-Series and Panel-Data Regression'
October 29, 2024
NEW YORK, Oct. 29 (TNSres) -- The Federal Reserve Bank of New York issued the following staff report (No. 1132) in October 2024 by Richard K. Crump, Nikolay Gospodinov and Ignacio Lopez Gaffney entitled "A Simple Diagnostic for Time-Series and Panel-Data Regressions."

Here are excerpts:

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We introduce a new regression diagnostic, tailored to time-series and panel-data regressions, which characterizes the sensitivity of the OLS estimate to dist . . .

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