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Integrated Likelihood-Based Inference for Nonlinear Panel Data Models

  • Masanobu Taniguchi,
  • Diane Pierret,
  • Martin Schumann,
  • Thomas A. Severini,
  • Gautam Tripathi,
  • Yujie Xue

摘要

This chapter presents an integrated likelihood approach to the estimation of nonlinear panel data models with individual-specific fixed-effects. Building on the integrated likelihood framework of Severini (2007), the proposed method yields a likelihood that more closely approximates a genuine parametric likelihood than existing approaches in the literature. The statistical properties of the estimator are developed within an asymptotic framework in which both the cross-sectional and time dimensions grow without bound.