Estimation of a heteroscedastic binary choice model with an endogenous dummy regressor

被引：2
|
作者：
Zhang, Zhengyu [1 ]
He, Xiaobo [2 ]
机构：
[1] Shanghai Univ Finance & Econ, Sch Publ Econ & Adm, Shanghai, Peoples R China
[2] Univ Adelaide, Sch Econ, Adelaide, SA 5005, Australia
来源：
ECONOMICS LETTERS | 2012年 / 117卷 / 03期
关键词：
Binary choice model; Dummy endogenous variable; Conditional symmetry; Heteroscedasticity; SEMIPARAMETRIC ESTIMATION;
D O I：
10.1016/j.econlet.2012.08.023
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Estimating binary choice models with endogeneity is of considerable importance in microeconometrics. The leading control function approach does not apply when the endogenous variable is binary. We propose a multi-stage estimation procedure for a heteroscedastic binary choice model with an endogenous dummy under a joint conditional symmetry restriction, which allows us to overcome several drawbacks associated with the existing estimators. (C) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码：753 / 757
页数：5
相关论文
共 50 条
12345