TY  - RPRT
        AU  - Baetschmann, Gregori
AU  - Staub, Kevin E.
AU  - Winkelmann, Rainer
        TI  - Consistent Estimation of the Fixed Effects Ordered Logit Model
        PY  - 2011/Jan/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 5443
        UR  - https://www.iza.org/index.php/publications/dp5443
        AB  - The paper re-examines existing estimators for the panel data fixed effects ordered logit model, proposes a new one, and studies the sampling properties of these estimators in a series of Monte Carlo simulations. There are two main findings. First, we show that some of the estimators used in the literature are inconsistent, and provide reasons for the inconsistency. Second, the new estimator is never outperformed by the others, seems to be substantially more immune to small sample bias than other consistent estimators, and is easy to implement. The empirical relevance is illustrated in an application to the effect of unemployment on life satisfaction.
        KW  - ordered response
KW  - panel data
KW  - correlated heterogeneity
KW  - incidental parameters
        ER  -