Cornwell, C. and P. Rupert (1988) Efficient estimation with panel data: an empirical comparison of instrumental variables estimators, Journal of Applied Econometrics, 3, 149--155.
Panel study of income dynamics.
References
Baltagi, Badi H. (2003) Econometric analysis of panel data, John Wiley and sons, http://www.wiley.com/legacy/wileychi/baltagi/.