Root- N Consistent Estimation of a Panel Data Binary Response Model With Unknown Correlated Random Effects
含未知相关随机效应的二元响应面板模型的√N一致估计
In this article, we consider the estimation of a panel data binary response model with a weak restriction imposed on the individual specific effects. Our estimator is n-consistent and asymptotically normal under reasonable regularity conditions. Furthermore, we allow the error terms to be heteroscedastic over time. The proposed estimator has a closed form expression and thus is very easy to compute. Simulations and the empirical illustration demonstrate the usefulness of our…