Since little is known about the degree of bias in estimated fixed effects in panel data models, we run Monte Carlo … simulations on a range of different estimators. We find that Anderson-Hsiao IV, Kiviet’s bias-corrected LSDV and GMM estimators …

This paper introduces bias-corrected estimators for nonlinear panel data models with both time invariant and time …/selection bias. We then estimate the primary equation by fixed effects including an appropriately constructed control function from … both steps might employ nonlinear fixed effects procedures it is necessary to bias adjust the estimates due to the …

This paper extends the transformed maximum likelihood approach for estimation of dynamic panel data models by Hsiao …

-being and age. This paper uses fourteen waves of British panel data to distinguish between two potential explanations of this … shape: a pure life-cycle or aging effect, and a fixed cohort effect depending on year of birth. Panel analysis controlling …

We examine differences in the value of statistical life (VSL) across potential wage levels in panel data using quantile …

This paper develops a model for dynamic binary choice panel data that allows for unobserved heterogeneity to be …

. Using a bias-corrected likelihood approach makes it possible to reduce the estimation bias to a term of order 1/T². The … small sample performance of the bias corrected estimator is investigated in a Monte Carlo simulation study. The simulation … results show that the bias of the maximum likelihood estimator is substantially corrected for designs that are broadly …

on panel data and, departing from usual practice, allow the public wage markup to vary over time. We also provide one of …