FRB Circa 1996 on Panel Data Models... Sample on Path...
20th & C Sts., N.W., Washington, D.C. 20551. Phone: (202)736-5612 Fax: (202)452-
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2301. This paper represents the views of the authors and should not be interpreted as reflecting
those of the Board of Governors of the Federal Reserve System or other members of its staff.
Estimating Dynamic Panel Data Models:
A Practical Guide for Macroeconomists
Ruth A. Judson
rjudson@frb.gov
Ann L. Owen
aowen@frb.gov
Federal Reserve Board of Governors
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January 1996
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