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Contribution Details

Type Working Paper
Scope Discipline-based scholarship
Title Testing the binomial fixed effects logit model; with an application to female labor supply
Organization Unit
Authors
  • Rainer Winkelmann
  • Lin Xu
Language
  • English
Institution University of Zurich
Series Name Working paper series / Department of Economics
Number 321
ISSN 1664-705X
Number of Pages 34
Date 2019
Abstract Text Regression models for proportions are frequently encountered in applied work. The conditional expectation function is bounded between 0 and 1 and therefore must be non-linear, requiring nonstandard panel data extensions. One possible approach is the binomial panel logit model with fixed effects (Machado, 2004). We propose a new and simple implementation of the conditional maximum likelihood estimator for standard software. We investigate the properties of the estimator under misspecification and derive a new test for overdispersion. Estimator and test are applied in a study of contracted working volumes, measured as proportion of full-time work, for women in Switzerland.
Other Identification Number merlin-id:18380
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Keywords Proportions data, unobserved heterogeneity, conditional maximum likelihood, overdispersion, Logit-Modell, Panelanalyse, Maximum-Likelihood-Schätzung, Teilzeitbeschäftigung, Frauenarbeit
Additional Information Revised version