A Note Concerning Specifications of Interactive Random Coefficient Regression Models
Joseph Gatto, Harry H. Kelejian, and Scott Stephan
,
2-3
(
47
)
Journal of Econometrics
273-284
February
1991
Abstract
An illustration is given which suggests that important specification issues can arise in interactive random-coefficient regression models. These issues relate to the generality of the model, translation of results, and forecasting. A class of specifications is suggested which resolves some of these issues.
