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This paper formulates a likelihood-based estimator for a double index, semiparametric binary response equation. A novel feature of this estimator is that it is based on density estimation under local smoothing. While the proofs differ from those based on alternative density estimators, the...
Persistent link: https://www.econbiz.de/10003481874
Persistent link: https://www.econbiz.de/10003931578
This paper formulates a likelihood-based estimator for a double index, semiparametric binary response equation. A novel feature of this estimator is that it is based on density estimation under local smoothing. While the proofs differ from those based on alternative density estimators, the...
Persistent link: https://www.econbiz.de/10013317368