Title
Dynamic Ordered Panel Logit Models
Author(s)
Bo E. Honoré Bo Honoré (Princeton University)
Chris Muris Chris Muris (McMaster University)
Martin Weidner Martin Weidner (University of Oxford)
Abstract
We study a dynamic ordered logit model for panel data with fixed effects. We establish the validity of a set of moment conditions that are free of the fixed effects and that can be computed using four or more periods of data. We establish sufficient conditions for these moment conditions to identify the regression coefficients, the autoregressive parameters, and the threshold parameters. The parameters can be estimated using generalized method of moments. We document the performance of this estimator using Monte Carlo simulations and an empirical illustration to self-reported health status using the British Household Panel Survey.
Creation Date
2021-12
Section URL ID
Paper Number
2021-14
URL
https://arxiv.org/pdf/2107.03253.pdf
File Function
Jel
C23, C25
Keyword(s)
model
Suppress
false
Series
13