Economics Seminars: Martin Weidner (University College London)
Martin Weidner (University College London)
1B6 Seminar Room, Priory Road Complex
Title: Identification and Estimation of Dynamic Panel Logit Models with Fixed Effects
Abstract: We obtain new moment conditions for dynamic panel data logit models with fixed effects. The paper introduces those new moments, explores their implications for identification of the model parameters that are common to all individuals, and discusses estimation via GMM. We find that those common parameters can be estimated at root-n-rate for many more dynamic panel logit models than previously thought possible in the literature. An application to labor force participation will also be discussed.