The specification of dynamic discrete-time two-state panel data models
| dc.contributor.author | Gorgens, Tue | |
| dc.contributor.author | Hyslop, Dean | |
| dc.date.accessioned | 2022-12-01T22:28:15Z | |
| dc.date.available | 2022-12-01T22:28:15Z | |
| dc.date.issued | 2019 | |
| dc.date.updated | 2021-11-28T07:30:48Z | |
| dc.description.abstract | This paper compares two approaches to analyzing longitudinal discrete-time binary outcomes. Dynamic binary response models focus on state occupancy and typically specify low-order Markovian state dependence. Multi-spell duration models focus on transitions between states and typically allow for state-specific duration dependence. We show that the former implicitly impose strong and testable restrictions on the transition probabilities. In a case study of poverty transitions, we show that these restrictions are severely rejected against the more flexible multi-spell duration models. | en_AU |
| dc.description.sponsorship | T.G.’s research was supported in part by Australian Research Council Grant DP1096862. D.R.H.’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 | 2225-1146 | en_AU |
| dc.identifier.uri | http://hdl.handle.net/1885/281474 | |
| dc.language.iso | en_AU | en_AU |
| dc.provenance | This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (http://creativecommons.org/licenses/by/4.0/). | en_AU |
| dc.publisher | MDPI Publication | en_AU |
| dc.relation | http://purl.org/au-research/grants/arc/DP1096862 | en_AU |
| dc.rights | © 2018 by the authors. Licensee MDPI, Basel, Switzerland. | en_AU |
| dc.rights.license | Creative Commons Attribution 4.0 International License | en_AU |
| dc.rights.uri | https://creativecommons.org/licenses/by/4.0/ | en_AU |
| dc.source | Econometrics | en_AU |
| dc.title | The specification of dynamic discrete-time two-state panel data models | en_AU |
| dc.type | Journal article | en_AU |
| dcterms.accessRights | Open Access | en_AU |
| local.bibliographicCitation.issue | 1 | en_AU |
| local.bibliographicCitation.lastpage | 16 | en_AU |
| local.bibliographicCitation.startpage | 1 | en_AU |
| local.contributor.affiliation | Gorgens, Tue, College of Business and Economics, ANU | en_AU |
| local.contributor.affiliation | Hyslop, Dean, Motu Economic and Public Policy Research | en_AU |
| local.contributor.authoruid | Gorgens, Tue, u4033205 | en_AU |
| local.description.notes | Imported from ARIES | en_AU |
| local.identifier.absfor | 380202 - Econometric and statistical methods | en_AU |
| local.identifier.absfor | 380204 - Panel data analysis | en_AU |
| local.identifier.ariespublication | u3102795xPUB946 | en_AU |
| local.identifier.citationvolume | 7 | en_AU |
| local.identifier.doi | 10.3390/econometrics7010001 | en_AU |
| local.identifier.scopusID | 2-s2.0-85060346188 | |
| local.publisher.url | https://www.mdpi.com/ | en_AU |
| local.type.status | Published Version | en_AU |
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