Which of the Following Is a Reason for Using the Correlated

question 18

Multiple Choice

Which of the following is a reason for using the correlated random effects approach?

• A)It provides unbiased and consistent estimators when the idiosyncratic errors are serially correlated.
• B)It provides unbiased and consistent estimators when the idiosyncratic errors are heteroskedastic.
• C)It provides a more efficient estimate than the fixed effects approach.
• D)It provides a way to include time-constant explanatory variables in a fixed effects analysis.

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Definitions:

Oedipal Content

Psychological concepts related to the Oedipus complex, Freud's theory of a child's feelings of desire for the opposite-sex parent and jealousy toward the same-sex parent.

Reaction Formation

A psychological strategy wherein a person subconsciously swaps out undesirable emotions or ideas with their direct contrasts.

Displacement

In psychology, a defense mechanism where negative feelings are transferred from the original source of the emotion to a less threatening person or object.

Identification

The process by which an individual aligns themselves with the values, beliefs, or behaviors of another person or group.