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A comparison of different methods for the estimation of regression models with correlated binary responses

Spieß, Martin ; Hamerle, Alfred



Zusammenfassung

In the present paper results of a simulation study designed to evaluate the small sample properties of three different estimators for regression models with correlated binary responses are presented. Throughout, binary panel probit models are considered, where an underlying latent continuous random variable crosses a threshold. The estimation procedures considered are (1) marginal maximum ...

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