Before revision:  We show how both issues can be alleviated in the context of binary choice models with individual and time fixed effects . Thanks to several bias-corrections proposed by Fernandez-Val and Weidner (2016) , the incidental parameter bias can be reduced substantially.
After revision:  We show how both issues can be alleviated in the context of binary choice models with individual and time fixed effects , we show how both issues can be alleviated by combining the asymptotic bias corrections of Fern\'andez-Val and Weidner (2016) , the incidental parameter bias can be reduced substantially.