Peracchi, Franco; Rossetti, Claudio - Istituto Einaudi per l'Economia e la Finanza (EIEF) - 2010
Although surveys routinely ask respondents to evaluate various aspects of their life on an ordered scale, there is concern about interpersonal comparability of these self-assessments. Statistically, the problem is one of identification in ordered response models with heterogeneous thresholds. As...