<p>As rightly pointed out by @1muflon1@ &quot;Panel data is nowadays quite a big field - usually you will have separate chapters for panel IV, panel logit/probit, panel time series etc&quot;.</p>
<p>But if you are &quot;looking for a briefer introduction/overview&quot;, I would recommend:</p>
<ul>
<li><a href="https://www.aeaweb.org/about-aea/committees/economic-education/econometrics-training-modules/three" rel="nofollow noreferrer">Econometrics Training: Module Three Panel Data</a> (with William Greene and John Siegfried)</li>
</ul>
<p>Dates back to 2010, but the authors propose a theoretical part on basic models and an applied part with data and programs.</p>

CC BY-SA 4.0
2020-11-02T07:03:16.437Z
2020-11-02T07:03:16.437Z
emeryville
<p>I am looking for an <strong>up-to-date survey paper</strong> or a book chapter on <strong>panel data models</strong>.</p>
<p>I know there are excellent textbooks out there like</p>
<ul>
<li>Wooldridge <a href="https://mitpress.mit.edu/books/econometric-analysis-cross-section-and-panel-data-second-edition" rel="nofollow noreferrer">&quot;Econometric analysis of cross section and panel data&quot;</a> (2nd edition, 2010) and</li>
<li>Hsiao <a href="https://www.cambridge.org/core/books/analysis-of-panel-data/A774C63FF969DA1944A3F91501702C65" rel="nofollow noreferrer">&quot;Analysis of Panel Data&quot;</a> (3rd edition, 2014)*,</li>
</ul>
<p>but I am looking for a briefer introduction/overview. Among survey papers,</p>
<ul>
<li>Baltagi &amp; Raj <a href="https://link.springer.com/article/10.1007/BF01192477" rel="nofollow noreferrer">&quot;A Survey of Recent Theoretical Developments in the Econometrics of Panel Data&quot;</a> (1992) is no longer recent.</li>
<li>Chudik &amp; Pesaran <a href="https://www.econstor.eu/bitstream/10419/80496/1/cesifo_wp4371.pdf" rel="nofollow noreferrer">&quot;Large Panel Data Models with Cross-Sectional Dependence: A Survey&quot;</a> (2013) is more recent but seemingly a bit narrow and rather technical.</li>
</ul>
<p>*Chapter 13 looks pretty nice as it summarizes the entire book; it might be a good starting point.</p>

CC BY-SA 4.0
2020-10-30T16:07:51.297Z
This is partly motivated by a current need to deal with panel data. Having no prior experience, I am looking for an efficient way to find out what model applies to my data and how to estimate it. I would like to avoid making beginner's mistakes (or at least too many of them), thus the reference request.
Richard Hardy
CC BY-SA 4.0
2020-10-30T16:12:57.617Z
hmm I know some good books, but not really anything brief. Panel data is nowadays quite a big field - usually you will have separate chapters for panel IV, panel logit/probit, panel time series etc.
1muflon1
CC BY-SA 4.0
2020-10-30T16:15:42.360Z
@1muflon1, unfortunately, I must say your comment makes sense. Panel data indeed seems to have become a vast field, so anything less than a textbook might be insufficient. Wooldridge and Hsiao books both look solid; I guess I might need to take a closer look at them.
Richard Hardy
CC BY-SA 4.0
2020-10-30T16:22:41.857Z
If you plan to be working with panels with large T I would recommend Pesaran, Time Series and Panel Data Econometrics over the Wooldridge text which focuses more on traditional panel data with large N and (relatively) small T. Also Verbeek guide to modern econometrics has *relatively* brief overview of common panel data models but still its covered over multiple chapters
1muflon1
CC BY-SA 4.0
2020-10-30T16:48:10.143Z
@1muflon1, thanks! My current problem has a small T.
Richard Hardy
CC BY-SA 4.0
2020-10-30T16:52:40.230Z
then Pesaran won't be as good, although I just checked the Verbeek and that one focuses on panels with short T also I originally thought its across multiple chapters but it turns out I just miss-remembered (it has big chapter separated into multiple subchapters), where it is covered over about 50 pages.
1muflon1
CC BY-SA 4.0
2020-10-30T17:01:39.357Z
@1muflon1, thanks a lot. Verbeek might be fine; he spends about 30 pages for the basic models that are relevant for me.
Richard Hardy
<reference-request><paneldata>
Up-to-date survey of panel data models
Richard Hardy
# Up-to-date survey of panel data models

(Asked by: username_0 on 2020-10-30)

I am looking for an **up-to-date survey paper** or a book chapter on **panel data models**.

I know there are excellent textbooks out there like

* Wooldridge ["Econometric analysis of cross section and panel data"](https://mitpress.mit.edu/books/econometric-analysis-cross-section-and-panel-data-second-edition) (2nd edition, 2010) and
* Hsiao ["Analysis of Panel Data"](https://www.cambridge.org/core/books/analysis-of-panel-data/A774C63FF969DA1944A3F91501702C65) (3rd edition, 2014)\*,

but I am looking for a briefer introduction/overview. Among survey papers,

* Baltagi & Raj ["A Survey of Recent Theoretical Developments in the Econometrics of Panel Data"](https://link.springer.com/article/10.1007/BF01192477) (1992) is no longer recent.
* Chudik & Pesaran ["Large Panel Data Models with Cross-Sectional Dependence: A Survey"](https://www.econstor.eu/bitstream/10419/80496/1/cesifo_wp4371.pdf) (2013) is more recent but seemingly a bit narrow and rather technical.

\*Chapter 13 looks pretty nice as it summarizes the entire book; it might be a good starting point.

**Tags:** reference-request, paneldata

> **Comments:**
> **username_0**: This is partly motivated by a current need to deal with panel data. Having no prior experience, I am looking for an efficient way to find out what model applies to my data and how to estimate it. I would like to avoid making beginner's mistakes (or at least too many of them), thus the reference request.  
> **username_1**: hmm I know some good books, but not really anything brief. Panel data is nowadays quite a big field - usually you will have separate chapters for panel IV, panel logit/probit, panel time series etc.  
> **username_0**: @username_1, unfortunately, I must say your comment makes sense. Panel data indeed seems to have become a vast field, so anything less than a textbook might be insufficient. Wooldridge and Hsiao books both look solid; I guess I might need to take a closer look at them.  
> **username_1**: If you plan to be working with panels with large T I would recommend Pesaran, Time Series and Panel Data Econometrics over the Wooldridge text which focuses more on traditional panel data with large N and (relatively) small T. Also Verbeek guide to modern econometrics has *relatively* brief overview of common panel data models but still its covered over multiple chapters  
> **username_0**: @username_1, thanks! My current problem has a small T.  
> **username_1**: then Pesaran won't be as good, although I just checked the Verbeek and that one focuses on panels with short T also I originally thought its across multiple chapters but it turns out I just miss-remembered (it has big chapter separated into multiple subchapters), where it is covered over about 50 pages.  
> **username_0**: @username_1, thanks a lot. Verbeek might be fine; he spends about 30 pages for the basic models that are relevant for me.  

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## 1 answers

### Answer by username_2 on 2020-11-02. Score: 3

As rightly pointed out by @username_1@ "Panel data is nowadays quite a big field - usually you will have separate chapters for panel IV, panel logit/probit, panel time series etc".

But if you are "looking for a briefer introduction/overview", I would recommend:

* [Econometrics Training: Module Three Panel Data](https://www.aeaweb.org/about-aea/committees/economic-education/econometrics-training-modules/three) (with William Greene and John Siegfried)

Dates back to 2010, but the authors propose a theoretical part on basic models and an applied part with data and programs.


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