Arbeitspapier
Consistent estimation of the fixed effects ordered logit model
The paper re-examines existing estimators for the panel data fixed effects ordered logit model, proposes a new one, and studies the sampling properties of these estimators in a series of Monte Carlo simulations. There are two main findings. First, we show that some of the estimators used in the literature are inconsistent, and provide reasons for the inconsistency. Second, the new estimator is never outperformed by the others, seems to be substantially more immune to small sample bias than other consistent estimators, and is easy to implement. The empirical relevance is illustrated in an application to the effect of unemployment on life satisfaction.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 5443
Klassifikation
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
Safety; Job Satisfaction; Related Public Policy
Unemployment: Models, Duration, Incidence, and Job Search
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
Safety; Job Satisfaction; Related Public Policy
Unemployment: Models, Duration, Incidence, and Job Search
Thema
ordered response
panel data
correlated heterogeneity
incidental parameters
Logit-Modell
Panel
Schätztheorie
Theorie
Schätzung
Arbeitslosigkeit
Zufriedenheit
Deutschland
panel data
correlated heterogeneity
incidental parameters
Logit-Modell
Panel
Schätztheorie
Theorie
Schätzung
Arbeitslosigkeit
Zufriedenheit
Deutschland
Ereignis
Geistige Schöpfung
(wer)
Baetschmann, Gregori
Staub, Kevin E.
Winkelmann, Rainer
Staub, Kevin E.
Winkelmann, Rainer
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2011
- Handle
- URN
-
urn:nbn:de:101:1-201104113165
- Letzte Aktualisierung
-
20.09.2024, 08:21 MESZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Baetschmann, Gregori
- Staub, Kevin E.
- Winkelmann, Rainer
- Institute for the Study of Labor (IZA)
Entstanden
- 2011
Ähnliche Objekte (12)
Subjective well-being and the family: results from an ordered probit model with multiple random effects
An empirical model of health care demand under non-linear pricing
Subjective well-being and the family: Results from an ordered probit model with multiple random effects
Subjective Well-Being and the Family: Results from an Ordered Probit Model with Multiple Random Effects
Neglected heterogeneity and the algebra of least squares
How did the German health care reform of 1997 change the distribution of the demand for health services?
Why Do Firms Recruit Internationally?
Parental Separation and Well-Being of Youths
Health Care Reform and the Number of Doctor Visits - An Econometric Analysis
Specification and Estimation of Rating Scale Models : With an Application to the Determinants of Life Satisfaction
Econometric analysis of ratings : With an application to health and wellbeing
Co-payments for prescription drugs and the demand for doctor visits: Evidence from a natural experiment
Subjective well-being and the family: results from an ordered probit model with multiple random effects
An empirical model of health care demand under non-linear pricing
Subjective well-being and the family: Results from an ordered probit model with multiple random effects
Subjective Well-Being and the Family: Results from an Ordered Probit Model with Multiple Random Effects
Neglected heterogeneity and the algebra of least squares
How did the German health care reform of 1997 change the distribution of the demand for health services?
Why Do Firms Recruit Internationally?
Parental Separation and Well-Being of Youths
Health Care Reform and the Number of Doctor Visits - An Econometric Analysis
Specification and Estimation of Rating Scale Models : With an Application to the Determinants of Life Satisfaction
Econometric analysis of ratings : With an application to health and wellbeing
Co-payments for prescription drugs and the demand for doctor visits: Evidence from a natural experiment
Subjective well-being and the family: results from an ordered probit model with multiple random effects
An empirical model of health care demand under non-linear pricing
Subjective well-being and the family: Results from an ordered probit model with multiple random effects
Subjective Well-Being and the Family: Results from an Ordered Probit Model with Multiple Random Effects
Neglected heterogeneity and the algebra of least squares
How did the German health care reform of 1997 change the distribution of the demand for health services?
Why Do Firms Recruit Internationally?
Parental Separation and Well-Being of Youths
Health Care Reform and the Number of Doctor Visits - An Econometric Analysis
Specification and Estimation of Rating Scale Models : With an Application to the Determinants of Life Satisfaction
Econometric analysis of ratings : With an application to health and wellbeing