TERM 1
Fixed Effects
DEFINITION 1
Binary variables indicating the entity or time period in a
panel data regression.
TERM 2
Panel Data
DEFINITION 2
Data for multiple entities where each entity is observed in
two or more time periods.(From web) In statistics and
econometrics, the term panel data refers to multi-
dimensional data. Panel data contains observations on
multiple phenomena observed over multiple time periods for
the same firms or individuals.
TERM 3
Time effects
DEFINITION 3
Binary variables indicating the time period in a panel data
regression.
TERM 4
Time fixed effects
DEFINITION 4
Same as time effects.
TERM 5
Unbalanced panel
DEFINITION 5
A panel data set in which some data are missing.
