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Limited-Dependent and Qualitative Variables in Econometrics (Econometric Society Monographs)
Rok: 1986
ISBN: 9780521338257
OKCZID: 110943567
Citace (dle ČSN ISO 690):
MADDALA, G. S. Limited dependent and qualitative variables in econometrics. 1st paperback ed. New York: Cambridge University Press, 1983. xi, 401 p. Econometric Society monographs, 3.
Anotace
This book presents the econometric analysis of single-equation and simultaneous-equation models in which the jointly dependent variables can be continuous, categorical, or truncated. Despite the traditional emphasis on continuous variables in econometrics, many of the economic variables encountered in practice are categorical (those for which a suitable category can be found but where no actual measurement exists) or truncated (those that can be observed only in certain ranges). Such variables are involved, for example, in models of occupational choice, choice of tenure in housing, and choice of type of schooling. Models with regulated prices and rationing, and models for program evaluation, also represent areas of application for the techniques presented by the author.