Michael K. Andersson and Sune Karlsson ()
Additional contact information
Michael K. Andersson: National Institute of Economic Research, Postal: P.O. Box 3116, SE 103 63 Stockholm, Sweden
Sune Karlsson: Dept. of Economic Statistics, Stockholm School of Economics, Postal: P.O. Box 6501, SE 113 83 Stockholm, Sweden
Abstract: This paper proposes several resampling algorithms suitable for error component models and evaluates them in the context of bootstrap testing. In short, all the algorithms work well and lead to tests with correct or close to correct size. There is thus little or no reason not to use the bootstrap with error component models.
Keywords: Panel data; Bootstrap; Bootstrap test; Resampling
12 pages, First version: February 12, 1999. Revised: June 30, 2000.
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