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Discrete choices with panel data

Manuel Arellano

Investigaciones Economicas, 2003, vol. 27, issue 3, 423-458

Abstract: This paper reviews the existing approaches to deal with panel data binary choice models with individual effects. Their relative strengths and weaknesses are discussed. Much theoretical and empirical research is needed in this area, and the paper points to several aspects that deserve further investigation. In particular, I illustrate the usefulness of asymptotic arguments in providing both approximately unbiased moment conditions, and approximations to sampling distributions for panels of different sample sizes. (Copyright: Fundación SEPI)

Keywords: Binary choice; panel data; fixed effects; modifed likelihood; asymptotic corrections (search for similar items in EconPapers)
JEL-codes: C23 (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (64)

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Working Paper: Discrete Choices with Panel Data (2001) Downloads
Working Paper: Discrete Choices with Panel Data (2001)
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