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Author: Klevmarken, N. Anders
Resulting in 1 citation.
1. Klevmarken, N. Anders
Introduction: Panel Studies: What Can We Learn from Them?
European Economic Review 33, 2-3 (March 1989): 523-529.
Also: http://www.sciencedirect.com/science/article/pii/0014292189901311
Cohort(s): NLS General
Publisher: Elsevier
Keyword(s): Behavior; Longitudinal Surveys; Panel Study of Income Dynamics (PSID)

Two well-known longitudinal studies are the National Surveys of Labor Market Experience (NLS) and the Panel Study of Income Dynamics (PSID). Both were begun in the 1960s and served as models for some of the European longitudinal studies. Panel data have various benefits and limitations. There are important problems that demand longitudinal data or that could be investigated only under very restrictive assumptions using other types of data. Experience with trend dominated and multicollinear time-series data show how hard it is to discriminate between different hypotheses. If longitudinal data can be collected for long periods, the richer variability hopefully will provide more informative data. With panel surveys, an extensive toolkit of statistical and econometric methods has been developed. However, problems arise due to distortions from measurement errors that plague the analysis of change. Selectivity is another problem. Despite these problems, panel data have contributed to an improved knowledge of economic behavior. [ABI/INFORM]
Bibliography Citation
Klevmarken, N. Anders. "Introduction: Panel Studies: What Can We Learn from Them?" European Economic Review 33, 2-3 (March 1989): 523-529.