Munich Personal RePEc Archive

Simulation estimation for panel data models with limited dependent variables

Keane, Michael (1993): Simulation estimation for panel data models with limited dependent variables. Published in: Handbook of Statistics , Vol. 11, (1993): pp. 545-571.

[img]
Preview
PDF
MPRA_paper_53029.pdf

Download (1MB) | Preview

Abstract

Simulation estimation in the context of panel data, limited dependent-variable (LDV) models poses formidable problems that are not present in the crosssection case. Nevertheless, a number of practical simulation estimation methods have been proposed and implemented for panel data LDV models. This paper surveys those methods and presents two empirical applications that illustrate their usefulness. These applications involve estimating temporal dependence in employment and wage data.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.