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functions for the panel probit model. The analysis is motivated by the complexity of maximum likelihood estimation and the … is unnecessary. In this note, we reconsider maximum likelihood based estimation of their panel probit model then examine … some extensions which can exploit the heterogeneity contained in their panel data set. Empirical results are obtained using …
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Modeling and estimating autocorrelated discrete data can be challenging. In this paper, we use an autoregressive panel …
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In this paper we discuss parameter identification and likelihood evaluation for multinomial multiperiod Probit models. It is shown in particular that the standard autoregressive specification used in the literature can be interpreted as a latent common factor model. However, this specification...
Persistent link: https://www.econbiz.de/10003545844