simple simulation experiments. -- Dynamic discrete choice models ; initial conditions ; dynamic probit ; panel data …

The maximum likelihood estimator for the regression coefficients, β, in a panel binary response model with fixed …) bias in β^. We add to this literature in two important ways. First, we focus on estimation of the fixed effects proper, as … these have become increasingly important in applied work. Second, we build on a bias-reduction approach originally developed …

Inference on common parameters in panel data models with individual-specific fixed effects is a classic example of … small), but this solution is not applicable to all panel data models of interest. Another solution, which applies to a … larger class of models, is "large-T" bias correction [pioneered by Hahn and Kuersteiner (Econometrica 70(4):1639-1657, 2002 …