Before revision:  Further, we contribute to the existing literature by conducting extensive simulation experiments  in large and even unbalanced panel settings. Finally, we estimate a dynamic probit model, to study the inter-temporal labor force participation of women in Germany .
After revision:  Further, we contribute to the existing literature by conducting extensive simulation experiments in large and even unbalanced panels. Our simulation results provide new insights that are relevant for the application of bias corrections in empirical work. Overall, we find that analytically bias corrected estimators are clearly preferable, especially for unbalanced panels .