Alternative Measures of the Explanatory Power of Multivariate Probit Models with Continuous or Ordinal Responses
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More about this item
Keywords
Pseudo-R2; Measure of explanatory power; Multivariate probit model; Panel model; Simulation study; Bootstrap confidence intervals;All these keywords.
JEL classification:
- C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
- C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
- C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DCM-2002-07-31 (Discrete Choice Models)
- NEP-ECM-2002-08-10 (Econometrics)
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