A note on sufficiency in binary panel models
Accepted version
Peer-reviewed
Repository URI
Repository DOI
Change log
Authors
Jochmans, Koen https://orcid.org/0000-0002-3090-3003
Magnac, T
Abstract
© 2017 Royal Economic Society. Consider estimating the slope coefficients of a fixed-effect binary-choice model from two-period panel data. Two approaches to semiparametric estimation at the regular parametric rate have been proposed: one is based on a sufficiency requirement, and the other is based on a conditional-median restriction. We show that, under standard assumptions, both conditions are equivalent.
Description
Keywords
Binary choice, Fixed effects, Panel data, Regular estimation, Sufficiency
Journal Title
Econometrics Journal
Conference Name
Journal ISSN
1368-4221
1368-423X
1368-423X
Volume Title
20
Publisher
Oxford University Press (OUP)
Publisher DOI
Sponsorship
European Research Council (715787)