I am trying to estimate default probabilities using a pooled logit model
(logit) and a random effects panel logit model (xtlogit, re). I expected
to receive similar results for both estimations. However, the results
for both models are perfectly the same.
Why do I get the same results for both models? I would be extremely
grateful if someone could help me with this.
Thank you for your help
Andreas
University of Muenster
Germany
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