Autocorrelation Causes Bias in a Model Without Fixed Effects

Q1: Explain why it is important to test

Q2: Suppose that we have the following results

Q4: OLS coefficients are biased when there is

Q5: What factor is associated with lower bias

Q6: Random effects models are appropriate only when

Q7: Suppose that we are comparing results in

Q8: Autocorrelation causes bias in a model with

Q9: Describe when it is appropriate to use

Q10: Explain why a model with a lagged

Q11: Describe the potential trade-off between bias and