Fu, Tsu-Tan; Li, Lung-An; Lin, Yih-Ming; Kan, Kamhon - In: Applied Economics 32 (2000) 14, pp. 1841-1851
A limited information estimator for the multivariate ordinal probit model is developed. The main advantage of the estimator is that even for high dimensional models, the estimation procedure requires the evaluation of bivariate normal integrals only. The proposed estimator also avoids the...