New methods to estimate models with large sets of fixed effects with an application to matched employer-employee data from Germany
Abstract
"This paper will introduce new methods to estimate the two-way fixed effects model and the match effects model in datasets where the number of fixed effects makes standard estimation techniques infeasible. The methods work for balanced and unbalanced panels and increase the speed of estimation without imposing excessive computational demands. I will apply the methods to a new and unusually detailed matched employer-employee dataset from Germany. The analysis shows that the omission of match effects leads to biased inference particularly concerning the effects of individual characteristics and underlines the importance of accurate biographic data." (Author's abstract, IAB-Doku) ((en)) Additional Information Program filesDownload Info
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Paper provided by Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany] in its series FDZ Methodenreport with number 201201_en.Length: 63 pages
Date of creation: 12 Mar 2012
Date of revision:
Handle: RePEc:iab:iabfme:201201_en
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Keywords: Arbeitsmarktforschung; IAB-Linked-Employer-Employee-Datensatz; Arbeitsmarktmodell; Schätzung; matching; empirische Forschung; Panel; Berufsverlauf; Längsschnittuntersuchung; Algorithmus;This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-04-03 (All new papers)
- NEP-ECM-2012-04-03 (Econometrics)
References
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