Buscha, Franz; Conte, Anna - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2009
In this paper, we discuss the derivation and application of a bivariate ordered probit modelwith mixed effects. Our approach allows one to estimate the distribution of the effect (gamma) of anendogenous ordered variable on an ordered explanatory variable. By allowing gamma to vary over...