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Rather than studying particular individuals across that whole period of time (e.g. 20–60 years) as in a longitudinal design, or multiple individuals of different ages at one time (e.g. 20, 25, 30, 35, 40, 45, 50, 55, and 60 years) as in a cross-sectional design, the researcher chooses a smaller time window (e.g. 20 years) to study multiple ...
The cross-sectional study has the advantage that it can investigate the effects of various demographic factors (age, for example) on individual differences; but it has the disadvantage that it cannot find the effect of interest rates on money demand, because in the cross-sectional study at a particular point in time all observed units are faced ...
Cross-sectional data differs from time series data, in which the same small-scale or aggregate entity is observed at various points in time. Another type of data, panel data (or longitudinal data), combines both cross-sectional and time series data aspects and looks at how the subjects (firms, individuals, etc.) change over a time series. Panel ...
The reason for this is that, unlike cross-sectional studies, in which different individuals with the same characteristics are compared, [2] longitudinal studies track the same people, and so the differences observed in those people are less likely to be the result of cultural differences across generations, that is, the cohort effect ...
For example, in economics a regression to explain and predict money demand (how much people choose to hold in the form of the most liquid assets) could be conducted with either cross-sectional or time series data. A cross-sectional regression would have as each data point an observation on a particular individual's money holdings, income, and ...
Panel data is a subset of longitudinal data where observations are for the same subjects each time. Time series and cross-sectional data can be thought of as special cases of panel data that are in one dimension only (one panel member or individual for the former, one time point for the latter). A literature search often involves time series ...
Cross-sectional study: involves data collection from a population, or a representative subset, at one specific point in time. Longitudinal study: correlational research study that involves repeated observations of the same variables over long periods of time. Cohort study and Panel study are particular forms of longitudinal study.
A popular repeated-measures design is the crossover study. A crossover study is a longitudinal study in which subjects receive a sequence of different treatments (or exposures). While crossover studies can be observational studies, many important crossover studies are controlled experiments.