From the 1 of 3 linked papers with an AI index.
3 papers
econ.EM2026
Global identification of dynamic panel models with interactive effects
Jushan Bai, Pablo Mones
The paper proves that dynamic panel models with interactive effects are globally identified for almost all factor configurations, even when additive fixed effects or unit‑root proc…
econ.EM2026
Causal Inference Using Factor Models
Jushan Bai, Peng Wang
We develop a factor-model framework for causal inference in panels with policy interventions. Treatment effects are represented as structural changes in treated units' exposure to…
econ.EM2025
Efficiency of QMLE for dynamic panel data models with interactive effects
Jushan Bai
This paper studies the problem of efficient estimation of panel data models in the presence of an increasing number of incidental parameters. We formulate the dynamic panel as a si…