Cel Modern economic research emphasizes heterogeneity in various dimensions, such as individual preferences or firms’ technology. From an empirical perspective, the presence of unobserved heterogeneity (to the econometrician) creates challenging identification and estimation problems. In this proposal we explore these issues in a context where repeated observations are available for the same individual, and the researcher disposes of panel data. Most research to date adopts either of three approaches. One approach consists in modeling the distribution of unobserved heterogeneity, following a random-effects perspective (Chamberlain, 1984). Another approach looks for clever model-specific ways of differencing out the unobserved heterogeneity (Andersen, 1970, Honore and Kyriazidou, 2000). A more recent line of research relies on approximations that become more accurate when the number of observations per individual T gets large (Arellano and Hahn, 2006). Here we consider situations where T may be small, and the researcher does not restrict the distribution of the unobserved fixed effects. We will propose a new functional differencing approach which differences out the probability distribution of unobserved heterogeneity. This approach will generally be applicable in models with continuous dependent variables, emphasizing a possibility of point-identification of the structural parameters in those models. When outcomes are discrete, we will propose a nonlinear differencing strategy that delivers useful bounds on parameters in the presence of partial identification (Honore and Tamer, 2006). Program(-y) FP7-IDEAS-ERC - Specific programme: "Ideas" implementing the Seventh Framework Programme of the European Community for research, technological development and demonstration activities (2007 to 2013) Temat(-y) ERC-SG-SH1 - ERC Starting Grant - Individuals, institutions and markets Zaproszenie do składania wniosków ERC-2010-StG_20091209 Zobacz inne projekty w ramach tego zaproszenia System finansowania ERC-SG - ERC Starting Grant Koordynator FUNDACION CENTRO DE ESTUDIOS MONETARIOS Y FINANCIEROS Wkład UE € 1 410 000,00 Adres Casado del alisal 5 28014 Madrid Hiszpania Zobacz na mapie Region Comunidad de Madrid Comunidad de Madrid Madrid Rodzaj działalności Research Organisations Kontakt administracyjny Gema Salazar (Ms.) Kierownik naukowy Stephane Olivier Bonhomme (Dr.) Linki Kontakt z organizacją Opens in new window Strona internetowa Opens in new window Koszt całkowity Brak danych Beneficjenci (1) Sortuj alfabetycznie Sortuj według wkładu UE Rozwiń wszystko Zwiń wszystko FUNDACION CENTRO DE ESTUDIOS MONETARIOS Y FINANCIEROS Hiszpania Wkład UE € 1 410 000,00 Adres Casado del alisal 5 28014 Madrid Zobacz na mapie Region Comunidad de Madrid Comunidad de Madrid Madrid Rodzaj działalności Research Organisations Kontakt administracyjny Gema Salazar (Ms.) Kierownik naukowy Stephane Olivier Bonhomme (Dr.) Linki Kontakt z organizacją Opens in new window Strona internetowa Opens in new window Koszt całkowity Brak danych