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Probit and logit models typically require a normalization on the error variance for model identification. This paper … shows that in the context of sample mean probability decompositions, error variance normalizations preclude estimation of …
Persistent link: https://www.econbiz.de/10012963841
GSOEP and present microeconometric rare events logit, logit and probit results …
Persistent link: https://www.econbiz.de/10012780455
turns out to include a logit formulation as a special case. In general, it has a rich set of implications both for exogenous …
Persistent link: https://www.econbiz.de/10013141716
This paper proposes a parametric approach to estimating a dynamic binary response panel data model that allows for endogenous contemporaneous regressors. Such a model is of particular value for settings in which one wants to estimate the effects of an endogenous treatment on a binary outcome. In...
Persistent link: https://www.econbiz.de/10013089968
we demonstrate that in this extended setup Probit estimation on panel data sets does not pose a specific problem. The …
Persistent link: https://www.econbiz.de/10013015010
-Mundlack correlated random effects probit models. Drawing on the estimates, we project net union densities (NUD) and analyze the …
Persistent link: https://www.econbiz.de/10012773817
This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data … period. Repeated sampling experiments on dynamic probit models with serially correlated errors indicate that the estimator …
Persistent link: https://www.econbiz.de/10012764470
Logit model with random coefficients. The non-parametric components of the model allow to unearth potentially highly non …
Persistent link: https://www.econbiz.de/10012838501
test the own group preferences hypothesis. Using a conditional logit model we find that housing market constraints can …
Persistent link: https://www.econbiz.de/10013077318
Insights to detect ensuing mortgage delinquencies. Such searches locate documents which assist to write a successful loan …
Persistent link: https://www.econbiz.de/10013114318