the real-time market. The paper also characterizes a regulation that implements the efficient outcome … variation approach. We explore the feasibility of this approach in a different context, using large-scale panel data from … Germany. We investigate several important empirical and conceptual challenges such as the appropriate functional specification …

effect of unemployment on life satisfaction. -- ordered response ; panel data ; correlated heterogeneity ; incidental …The paper re-examines existing estimators for the panel data fixed effects ordered logit model, proposes a new one, and …

effect of unemployment on life satisfaction. -- ordered response ; panel data ; correlated heterogeneity ; incidental …The paper re-examines existing estimators for the panel data fixed effects ordered logit model, proposes a new one, and …

The paper re-examines existing estimators for the panel data fixed effects ordered logit model, proposes a new one, and … effect of unemployment on life satisfaction …

approach is that individual response time is decreasing in the distance between the value of the latent variable and an …

propose using survey response times to solve that problem. Our main identifying assumption is that individual response time is …

In our analysis we discuss several dynamic panel data estimators proposed in the literature and assess their … estimator is biased in the context of dynamic estimation. The estimators taking into account the resulting bias can be grouped …

I derive the unconditional transformed likelihood function and its derivatives for a fixed-effects panel data model … with time lags, spatial lags, and spatial time lags that encompasses the pure time dynamic and pure space dynamic models as … polynomial of the spatial weights matrix and, in general, tends to infinity with increasing sample size. Consistent estimation …