OxTalks will soon move to the new Halo platform and will become 'Oxford Events.' There will be a need for an OxTalks freeze. This was previously planned for Friday 14th November – a new date will be shared as soon as it is available (full details will be available on the Staff Gateway).
In the meantime, the OxTalks site will remain active and events will continue to be published.
If staff have any questions about the Oxford Events launch, please contact halo@digital.ox.ac.uk
Average partial effects (APEs) are generally not point-identified in binary response panel models with unrestricted unobserved heterogeneity. We show their point-identification under an index sufficiency assumption on the unobserved heterogeneity, even when the error distribution is unspecified. This assumption does not impose parametric restrictions on the unobserved heterogeneity. We then construct a three-step semiparametric estimator for the APE. In the first step, we estimate the common parameters using either a conditional logit or smoothed maximum score estimator. In the second step, we estimate the conditional expectation of the outcomes given the indices and a generated regressor that depends on first-step estimates. In the third step, we average derivatives of this conditional expectation to obtain a partial mean that estimates the APE. We show that this proposed three-step APE estimator is consistent and asymptotically normal. We evaluate its finite-sample properties in Monte Carlo simulations. We then illustrate our estimator in a study of determinants of married women’s labor supply.