Daniel Czarnowske, Amrei Stammann
arXiv 8 Apr 2019 · Econometrics · 2 citations (OpenAlex)
arXiv:1904.04217 · PDF · DOI · OpenAlex · Extracted main text
Empirical economists are often deterred from the application of fixed effects binary choice models mainly for two reasons: the incidental parameter problem and the computational challenge even in moderately large panels. Using the example of binary choice models with individual and time fixed effects, we show how both issues can be alleviated by combining asymptotic bias corrections with computational advances. Because unbalancedness is often encountered in applied work, we investigate its consequences on the finite sample properties of various (bias corrected) estimators. In simulation experiments we find that analytical bias corrections perform particularly well, whereas split-panel jackknife estimators can be severely biased in unbalanced panels.
appendix boundary found by appendix_command · 81% of the source is main text. Read the extracted text to check this.
The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.
| Reference | Intensity | Mentions | Sections | Main text | |
|---|---|---|---|---|---|
| 1 | Fernández-Val, Iván, Weidner, Martin (2018) Fixed Effects Estimation of Large-T Panel Data Models | 1.000 | 8 | 3 | 100% |
| 2 | Fernández-Val, Iván, Weidner, Martin (2016) Individual and time effects in nonlinear panel models with large N, T | 0.988 | 28 | 5 | 96% |
| 3 | Stammann, Amrei (2018) Fast and feasible estimation of generalized linear models with high-dimensional k-way fixed effects self | 0.941 | 6 | 3 | 83% |
| 4 | Arellano, Manuel, Hahn, Jinyong, Blundell, Richard, Newey, Whitney,… (2007) Understanding Bias in Nonlinear Panel Models: Some Recent Developments | 0.928 | 4 | 3 | 100% |
| 5 | Cruz-Gonzalez, Mario, Fernández-Val, Iván, Weidner, Martin (2017) Bias corrections for probit and logit models with two-way fixed effects | 0.843 | 3 | 3 | 100% |
| 6 | Dhaene, Geert, Jochmans, Koen (2015) Split-panel Jackknife Estimation of Fixed-effect Models | 0.811 | 4 | 2 | 100% |
| 7 | Hyslop, Dean R (1999) State Dependence, Serial Correlation and Heterogeneity in Intertemporal Labor Force Participation of Married Women | 0.811 | 4 | 2 | 100% |
| 8 | Gaure, Simen (2013) lfe: Linear group fixed effects | 0.737 | 3 | 3 | 67% |
| 9 | Fernández-Val, Iván (2009) Fixed effects estimation of structural parameters and marginal effects in panel probit models | 0.737 | 3 | 2 | 100% |
| 10 | Greene, William H (2004) The behaviour of the maximum likelihood estimator of limited dependent variable models in the presence of fixed effects | 0.737 | 3 | 2 | 100% |
Showing the top 10 of 47 scored citations.
arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.
| Citing paper | Intensity | Mentions | Sections | |
|---|---|---|---|---|
| 1 | Debiased Fixed Effects Estimation of Binary Logit Models with Three-Dimensional Panel Data | 0.405 | 1 | 1 |