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1、Thisarticlewasdownloadedby:[HongKongBaptistUniversity]On:02June2013,At:04:27Publisher:Taylor&FrancisInformaLtdRegisteredinEnglandandWalesRegisteredNumber:1072954Registeredoffice:MortimerHouse,37-41MortimerStreet,LondonW1T3JH,UKJournalofBusiness&Econo
2、micStatisticsPublicationdetails,includinginstructionsforauthorsandsubscriptioninformation:http://amstat.tandfonline.com/loi/ubes20APenaltyFunctionApproachtoBiasReductioninNonlinearPanelModelswithFixedEffectsabC.AlanBester&ChristianHansenaUniversityof
3、Chicago,GraduateSchoolofBusiness,Chicago,IL60637bUniversityofChicago,GraduateSchoolofBusiness,Chicago,IL60637Publishedonline:01Jan2012.Tocitethisarticle:C.AlanBester&ChristianHansen(2009):APenaltyFunctionApproachtoBiasReductioninNonlinearPanelModelsw
4、ithFixedEffects,JournalofBusiness&EconomicStatistics,27:2,131-148Tolinktothisarticle:http://dx.doi.org/10.1198/jbes.2009.0012PLEASESCROLLDOWNFORARTICLEFulltermsandconditionsofuse:http://amstat.tandfonline.com/page/terms-and-conditionsThisarticlemaybe
5、usedforresearch,teaching,andprivatestudypurposes.Anysubstantialorsystematicreproduction,redistribution,reselling,loan,sub-licensing,systematicsupply,ordistributioninanyformtoanyoneisexpresslyforbidden.Thepublisherdoesnotgiveanywarrantyexpressorimplie
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7、tsordamageswhatsoeverorhowsoevercausedarisingdirectlyorindirectlyinconnectionwithorarisingoutoftheuseofthismaterial.APenaltyFunctionApproachtoBiasReductioninNonlinearPanelModelswithFixedEffectsC.AlanBESTERUniversityofChicago,GraduateSchoolofBusiness,
8、Chicago,IL60637(cbester@chicagosb.edu)ChristianHANSENUniversityofChicago,GraduateSchoolofBusiness,Chicago,IL60637(chansen1@chicagosb.edu)Weconsiderestimationofnonlinearpaneldatamodelswithindividualspecificfixedeffects.Estimationofthesemodelsiscomplic