Split-panel Jackknife Estimation of Fixed-effect Models
نویسندگان
چکیده
منابع مشابه
Split-panel Jackknife Estimation of Fixed-effect Models
We propose a jackknife for reducing the order of the bias of maximum likelihood estimates of nonlinear dynamic fixed effects panel models. In its simplest form, the half-panel jackknife, the estimator is just 2θ̂ − θ1/2, where θ̂ is the MLE from the full panel and θ1/2 is the average of the two half-panel MLEs, each using T/2 time periods and all N cross-sectional units. This estimator eliminates...
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ژورنال
عنوان ژورنال: The Review of Economic Studies
سال: 2015
ISSN: 0034-6527,1467-937X
DOI: 10.1093/restud/rdv007