Quasi Maximum Likelihood Estimation of Multivariate Probit Models: Farm Couples' Labor Participation
Joint estimation of farmers' farm and off-farm work participation requires a multivariate probit model, in which the number of equations is twice the number of household members. Where there are more ...
A rich class of parametric models is proposed for discrete choice data based on the scale mixture of multivariate normal distributions. The multinomial probit model is a special case in the class. The ...
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