Errors in variables in panel data with a binary dependent variable

Chihwa Kao, John F. Schnell

Research output: Contribution to journalArticlepeer-review

7 Scopus citations

Abstract

In a conditional logistic regression model for panel data when independent variables are subject to measurement error, the usual estimator, obtained by a regression on the observed independent variables, is asymptotically biased. We introduce a bias-adjusted estimator, which is examined asymptotically under conditions that are appropriate when the measurement error is small but non-negligible.

Original languageEnglish (US)
Pages (from-to)45-49
Number of pages5
JournalEconomics Letters
Volume24
Issue number1
DOIs
StatePublished - 1987

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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