Correcting the fixed-effect estimator for endogenous switching

AUTOR(ES)
DATA DE PUBLICAÇÃO

19/07/2007

RESUMO

In this paper, we propose a two-step estimator for panel data models in which a binary covariate is endogenous. In the first stage, a random-effects probit model is estimated, having the endogenous variable as the left-hand side variable. Correction terms are then constructed and included in the main regression.

ASSUNTO(S)

panel data fixed-effect estimator endogenous switching análise de painel análise de viariância

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