Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059123 | Economics Letters | 2013 | 4 Pages |
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
Takuya Hasebe,