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The use of mathematical methods, especially statistical, in order to analyze economic phenomena, understand the economic relations between them, and develop economic theories. A subset of economics.
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Disadvantages of large panel
See this comment from the wiki page on fixed effects models:
In statistics, a fixed effects model is a statistical model in which the model parameters are fixed ... Such models assist in controlli …
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Carhart (1997) momentum factor loading
See this wiki Frisch-Waugh-Lovell Theorem
and it will explain how to interpret multiple regression coefficients from a regression of the form
\begin{equation}
Y = X_1 \beta_1 + X_2 \beta_2 + u
\end{e …