Search Results - subject:"dynamic probit"

Persistency of financial distress amongst Italian households: evidence from dynamic probit models

Giarda, Elena - Dipartimento di Scienze Statistiche "Paolo Fortunati", … - 2010

distress based on the distribution of net wealth. Finally we apply dynamic probit models to test for true state dependence in …

Persistent link: https://www.econbiz.de/10008763398

Recession forecasting with dynamic probit models under real time conditions

Proano, Christian - 2010

In this paper a dynamic probit model for recession forecasing under pseudo-real time is set up using a large set of … dynamic probit specifications are obtained through an automatized general-to-specific lag selection procedure, which are then …

Persistent link: https://www.econbiz.de/10009306636

The Wooldridge method for the initial values problem is simple: what about performance?

Akay, Alpaslan - 2009

The Wooldridge method is based on a simple and novel strategy to deal with the initial values problem in the nonlinear dynamic random-effects panel data models. This characteristic of the method makes it very attractive in empirical applications. However, its finite sample performance is not...

Persistent link: https://www.econbiz.de/10010269205

Persistence in the determination of work-related training participation: evidence from the BHPS, 1991-1997.

Sousounis, Panos; Bladen-Hovell, Robin - Department of Accounting, Economics and Finance, … - 2009

In this paper we investigate the role of workers‘ training history in determining current training incidence. The analysis is conducted on an unbalanced sample comprising information on approximately 5000 employees from the first seven waves of the BHPS. Training participation is modelled as a...

Persistent link: https://www.econbiz.de/10008578116

The Wooldridge Method for the Initial Values Problem Is Simple: What About Performance?

Akay, Alpaslan - Institute for the Study of Labor (IZA) - 2009

Classification: C23, C25 Keywords: initial values problem, dynamic probit and tobit models, Monte Carlo experiment, Heckman … decisions of married women in Sweden between 1992 and 2001. Section 5 concludes. 6 2 The dynamic probit and tobit models and … assumption produces very similar results with the pooled dynamic probit model when the duration is very small. It is may be the …

Persistent link: https://www.econbiz.de/10005566697

State dependence in the incidence of strikes : evidence from Canadian contract data using Heckman's dynamic probit model

Campolieti, Michele - In: Economics letters 133 (2015), pp. 7-9

Persistent link: https://www.econbiz.de/10011431789

Yield-Curve Based Probit Models for Forecasting U.S. Recessions: Stability and Dynamics

Kauppi, Heikki - 2008

Recent research provides controversial evidence on the stability of yield-curve based binary probit models for forecasting U.S. recessions. This paper reviews so far applied specifications and presents new procedures for examining the stability of selected probit models. It finds that a...

Persistent link: https://www.econbiz.de/10012502985

Persistence in work-related training: evidence from the BHPS, 1991-1998

Sousounis, Panos; Bladen-Hovell, Robin - Volkswirtschaftliche Fakultät, … - 2008

of the BHPS. Our methodology utilizes a two-step dynamic probit model developed by Orme (2001) which allows for …

Persistent link: https://www.econbiz.de/10005619449

Simplified Implementation of the Heckman Estimator of the Dynamic Probit Model and a Comparison with Alternative Estimators

Arulampalam, Wiji; Stewart, Mark B. - Department of Economics, University of Warwick - 2008

This paper presents a convenient shortcut method for implementing the Heckman estimator of the dynamic random effects probit model and other dynamic nonlinear panel data models using standard software. It then compares the estimators proposed by Heckman, Orme and Wooldridge, based on three...

Persistent link: https://www.econbiz.de/10005748202

Yield-Curve Based Probit Models for Forecasting U.S. Recessions: Stability and Dynamics

Kauppi, Heikki - Turun Kauppakorkeakoulu, Turun Yliopisto - 2008

Persistent link: https://www.econbiz.de/10005706066