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- W3020512279 abstract "This paper proposes a new linearized mixed data sampling (MIDAS) model and develops a framework to infer clusters in a panel regression with mixed frequency data. The linearized MIDAS estimation method is more flexible and substantially simpler to implement than competing approaches. We show that the proposed clustering algorithm successfully recovers true membership in the cross-section, both in theory and in simulations, without requiring prior knowledge of the number of clusters. This methodology is applied to a mixed-frequency Okun's law model for state-level data in the U.S. and uncovers four meaningful clusters based on the dynamic features of state-level labor markets." @default.
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- W3020512279 date "2020-04-21" @default.
- W3020512279 modified "2023-09-27" @default.
- W3020512279 title "Revealing Cluster Structures Based on Mixed Sampling Frequencies" @default.
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