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 ...
Journal of Applied Econometrics, Vol. 34, No. 6 (September/October 2019), pp. 994-1015 (22 pages) The purpose of this paper is to provide guidelines for empirical researchers who use a class of ...
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