NDLI: BIAS REDUCTION FOR DYNAMIC NONLINEAR PANEL MODELS WITH FIXED EFFECTS

Please wait, while we are loading the content...

BIAS REDUCTION FOR DYNAMIC NONLINEAR PANEL MODELS WITH FIXED EFFECTS

Content Provider	Scilit
Author	Hahn, Jinyong Kuersteiner, Guido
Copyright Year	2011
Description	The fixed effects estimator of panel models can be severely biased because of well-known incidental parameter problems. It is shown that this bias can be reduced in nonlinear dynamic panel models. We consider asymptotics wherenandTgrow at the same rate as an approximation that facilitates comparison of bias properties. Under these asymptotics, the bias-corrected estimators we propose are centered at the truth, whereas fixed effects estimators are not. We discuss several examples and provide Monte Carlo evidence for the small sample performance of our procedure.
Related Links	http://pdfs.semanticscholar.org/d21e/2e5d152563142633514c8f649eb556a6555f.pdf https://www.cambridge.org/core/services/aop-cambridge-core/content/view/A5ED00BE488F7813F7FD4A723D6E680F/S0266466611000028a.pdf/div-class-title-bias-reduction-for-dynamic-nonlinear-panel-models-with-fixed-effects-div.pdf
Ending Page	1191
Page Count	40
Starting Page	1152
ISSN	02664666
e-ISSN	14694360
DOI	10.1017/s0266466611000028
Journal	Econometric Theory
Issue Number	6
Volume Number	27
Language	English
Publisher	Cambridge University Press (CUP)
Publisher Date	2011-05-31
Access Restriction	Open
Subject Keyword	Econometric Theory Fixed Effects Estimator Panel Models
Content Type	Text
Resource Type	Article
Subject	Social Sciences Economics and Econometrics

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in