Equivalent representations of discrete-time two-state panel data models
| dc.contributor.author | Gorgens, Tue | |
| dc.contributor.author | Hyslop, Dean | |
| dc.date.accessioned | 2018-01-11T03:33:23Z | |
| dc.date.issued | 2018 | |
| dc.description.abstract | There are two common approaches to analyzing discrete-time two-state panel data: one focuses on modeling the determinants of state occupancy, the other on modeling the determinants of transition between states. This note shows that there are one-to-one correspondences between the two representations, between the two probability distributions in an unrestricted context, and between low-order Markov models of state occupancy and semi-Markov models of transition between states with strictly limited duration dependence. | en_AU |
| dc.description.sponsorship | Tue Gorgens' research was supported in part by Australian Research Council Grant DP1096862. Dean Hyslop’s research was supported in part by the Royal Society of New Zealand Marsden Fund Grant MEP1301. | en_AU |
| dc.format.mimetype | application/pdf | en_AU |
| dc.identifier.issn | 0165-1765 | en_AU |
| dc.identifier.uri | http://hdl.handle.net/1885/139170 | |
| dc.provenance | http://www.sherpa.ac.uk/romeo/issn/0165-1765/..."Author's post-print on open access repository after an embargo period of between 12 months and 48 months" from SHERPA/RoMEO site (as at 11/01/18). | |
| dc.publisher | Elsevier | en_AU |
| dc.relation | http://purl.org/au-research/grants/arc/DP1096862 | en_AU |
| dc.rights | © 2017 Elsevier B.V. | en_AU |
| dc.source | Economics Letters | en_AU |
| dc.subject | Panel data | en_AU |
| dc.subject | Binary response | en_AU |
| dc.subject | Dynamic models | en_AU |
| dc.title | Equivalent representations of discrete-time two-state panel data models | en_AU |
| dc.type | Journal article | en_AU |
| dcterms.accessRights | Open Access | en_AU |
| local.bibliographicCitation.lastpage | 67 | en_AU |
| local.bibliographicCitation.startpage | 65 | en_AU |
| local.contributor.affiliation | Gørgens, T., Research School Economics, The Australian National University | en_AU |
| local.contributor.authoruid | u4033205 | en_AU |
| local.identifier.citationvolume | 163 | en_AU |
| local.identifier.doi | 10.1016/j.econlet.2017.12.003 | en_AU |
| local.publisher.url | https://www.elsevier.com/ | en_AU |
| local.type.status | Accepted Version | en_AU |