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Practical fixed-effects estimation methods for the three-way error-components model

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Author Info
Martyn Andrews () (School of Economic Studies, University of Manchester)
Thorsten Schank () (Friedrich-Alexander-Universität Erlangen–Nürnberg)
Richard Upward () (School of Economics, University of Nottingham)

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Abstract

Methods for fixed-effects estimation of the three-way error-components model are not yet standard. Where possible, we make the fixed-effects methods originally developed by Abowd, Kramarz, and Margolis (Econometrica 67: 251-333) for linked worker-firm data more accessible. We also show how these methods can be implemented in Stata. There is a caveat, however. If the researcher wants to recover estimates of the error components themselves, and the number of units at the higher level of aggregation is large, memory or matrix constraints may make using Stata to estimate the components themselves infeasible. Copyright 2006 by StataCorp LP.

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Article provided by StataCorp LP in its journal Stata Journal.

Volume (Year): 6 (2006)
Issue (Month): 4 (December)
Pages: 461-481
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Handle: RePEc:tsj:stataj:v:6:y:2006:i:4:p:461-481

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Related research
Keywords: grouping; linked employer-employee panel data; fixed effects;

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