Slide 1Multinomial Logit & Ordered Probit Slide 2 Multinomial Logit Is used when the data cannot be ordered. An example is choice of holiday: (i) beach, (ii) mountain,…

Slide 1 Limited Dependent Variables  Often there are occasions where we are interested in explaining a dependent variable that has only limited measurement  Frequently…

Slide 1 Qualitative and Limited Dependent Variable Models ECON 6002 Econometrics Memorial University of Newfoundland Adapted from Vera Tabakova’s notes Slide 2  16.1…

PowerPoint Presentation Inflated Responses in Self-Assessed Health Mark Harris Department of Economics, Curtin University Bruce Hollingsworth Department of Economics, Lancaster…

Chapter 2 Chapter 16 Qualitative and Limited Dependent Variable Models ECON 6002 Econometrics Memorial University of Newfoundland Adapted from Vera Tabakova’s notes Chapter…

Slide 1 1 Ordered probit models Slide 2 2 Ordered Probit Many discrete outcomes are to questions that have a natural ordering but no quantitative interpretation: Examples:…