Question

Suppose you are an employer with data for all of your employees that describes how much they have earned in each year that they have been with your firm. Because some employees have been with you for longer than others, you have more rows of data for some employees. This type of data is called:

a. Cross-sectional data

b.Time-series data

c. Balanced panel

d. Unbalanced panel data

Answer 1

Suppose you an employer with data for all of your employees that describes how much they have earned in each year that they have been with your firm. Because some employees have been with you for longer than others, you have more rows of data for some employees. This type of data is called unbalanced panel data(d)

If dataset does not contain a time variable, then panels are considered balanced if each panel contains the same number of observations; otherwise,

the panels are unbalanced....hence here clearly this is unbalanced panel data(ans)