Lewis, Daniel J.; Melcangi, Davide; Pilossoph, Laura; … - 2022
We propose a new, computationally-efficient way to approximate the "grouped fixed-effects" (GFE) estimator of Bonhomme and Manresa (2015), which estimates grouped patterns of unobserved heterogeneity. To do so, we generalize the fuzzy C-means objective to regression settings. As the...