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Assessing Sampling Error in Pseudo‐Panel Models

Bibliographic Data

ID21513019
AuthorsRumman Khan (0000-0003-3735-9730, School of Economics University of Bristol Bristol UK, corresponding author)
Year2021
Volume83
Issue3
Pages742-769
Publication date2021-06-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueOxford Bulletin of Economics and Statistics (JOURNAL)
Journal identifiersISSN: 0305-9049 • E-ISSN: 1468-0084
PublisherWiley (PUBLISHER • GB)
DOI10.1111/obes.12416
OpenAlexW3118730983
LanguageEN
Citations received3
References cited28

While pseudo‐panels are useful when only repeated cross‐section data are available, estimates are likely to be attenuated and suffer from sampling error if cell sizes (number of individuals grouped together in a cohort) are too few. However, there is no consensus on how large cell size needs to be, with recommendations ranging from 100 to several thousands. This is due to sampling error being affected by both cell size and three important types of variation in the cohort data (across and within cohorts and over time). We combine these into a single metric, called CAWAR, and demonstrate its relationship to sampling error using Monte Carlo simulations and an empirical application. We produce recommended values for CAWAR beyond which sampling error bias is minimal and from these one can easily calculate the required cell size

Cohort · Econometrics · Monte Carlo method · Observational error · Sample size determination · Sampling bias · Sampling error · Statistics · Computer Science · demographic modeling and climate adaptation · Health disparities and outcomes · Mathematics · Spatial and Panel Data Analysis

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Unique citing works3
Citations per year1
Citation span2023 - 2023 (1)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 3

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