A note on sufficiency in binary panel models
Résumé
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 sufficient statistic, the other is based on a conditional-median restriction. We show that, under standard assumptions, both approaches are equivalent.
Domaines
Economies et finances
Origine : Fichiers produits par l'(les) auteur(s)
Loading...
