The New Palgrave Dictionary of Economics

Living Edition
| Editors: Palgrave Macmillan

Nonlinear Panel Data Models

  • Ekaterini Kyriazidou
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DOI: https://doi.org/10.1057/978-1-349-95121-5_2094-1
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Abstract

Panel or longitudinal data are becoming increasingly popular in applied work as they offer a number of advantages over pure cross-sectional or pure time-series data. They allow researchers to model unobserved heterogeneity at the level of the observational unit, where the latter may be an individual, a household, a firm or a country. This article describes several estimation methods that are available for nonlinear panel data models, that is, models which are nonlinear in the parameters of interest and which include models that arise frequently in applied work, such as discrete choice models and limited dependent variable models, among others.

Keywords

Conditional maximum likelihood Conditioning variables Fixed effects;heteroskedasticity Incidental parameters Individual effects Logit models Longitudinal data Nonlinear panel data models Quadrature procedures Random effects Random variables Tobit models 

JEL Classifications

C23 C33 
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Copyright information

© The Author(s) 2008

Authors and Affiliations

  • Ekaterini Kyriazidou
    • 1
  1. 1.