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RECENT DEVELOPMENTS IN COUNT DATA MODELLING: THEORY AND APPLICATION
Authors:Rainer Winkelmann  Klaus F Zimmermann
Institution:Dartmouth College and SELAPO, University of Munich;SELAPO, University of Munich and CEPR
Abstract:Abstract. This paper deals with statistical methods for modelling individual behavior when the endogenous variable is a nonnegative integer. Examples are the number of children, the number of job changes or the number of shopping trips in a given period. Several approaches—Poisson, robust Poisson, negative binomial (NEGBIN), NEGBIN k , hurdle Poisson, truncated-at-zero Poisson—are discussed with a focus on specification, estimation, and testing. An application to labor mobility data illustrates the gain obtained by carefully taking into account the specific structure of the data.
Keywords:Count data models  Poisson  negative binomial
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