Deepankar, Basu; M, de Jong Robert - In: Studies in Nonlinear Dynamics & Econometrics 11 (2007) 4, pp. 1-35
We present a novel specification of a dynamic multinomial ordered choice model, where the latent variable is a function of strictly stationary exogenous variables and lags of the choice variable. We prove that such a model with weakly dependent errors will have a strictly stationary solution...