Article ID Journal Published Year Pages File Type
5059123 Economics Letters 2013 4 Pages PDF
Abstract
This paper discusses the copula-based approach of a bivariate binary choice model. We derive the marginal effects of explanatory variables on an outcome of interest (both direct and indirect) in the model. We also show that the signs of the marginal effects are determined by the signs of the coefficient parameters. A real-data application is provided.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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