Non-normality as Distributional Misspecification in Single-Equation
AbstractThis paper provides a reevaluation of often-used limited dependent variable models. It shows that parameter estimators based on such models may be seriously biased and inconsistent if the true d istribution of the disturbance term deviates from normality. The degr ee of difference from normality is controlled in this paper by varyin g the skewness and kurtosis of the true distribution-these are distri butional characteristics that an empirical researcher can easily chec k for himself. This paper proposes to alert users of limited dependen t variable models to the potential problems of these models in the fa ce of nonnormality. Copyright 1987 by Blackwell Publishing Ltd
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics & Statistics.
Volume (Year): 49 (1987)
Issue (Month): 4 (November)
Contact details of provider:
Postal: Manor Rd. Building, Oxford, OX1 3UQ
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0305-9049
More information through EDIRC
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Gorton, Matthew & Sauer, Johannes & Peshevski, Mile & Bosev, Dane & Shekerinov, Darko & Quarrie, Steve, 2008.
"Water Communities In The Republic Of Macedonia: An Empirical Analysis Of Membership Satisfaction And Payment Behaviour,"
82nd Annual Conference, March 31 - April 2, 2008, Royal Agricultural College, Cirencester, UK
36852, Agricultural Economics Society.
- Gorton, Matthew & Sauer, Johannes & Peshevski, Mile & Bosev, Dane & Shekerinov, Darko & Quarrie, Steve, 2009. "Water Communities in the Republic of Macedonia: An Empirical Analysis of Membership Satisfaction and Payment Behavior," World Development, Elsevier, vol. 37(12), pages 1951-1963, December.
- Gorton, Matthew & Sauer, Johannes & Peshevski, Mile & Bosev, Dane & Shekerinov, Darko & Quarrie, Steve, 2009. "Water communities in the Republic of Macedonia: an empirical analysis of membership satisfaction and payment behaviour," 2009 Conference, August 16-22, 2009, Beijing, China 51030, International Association of Agricultural Economists.
- Gorton, Matthew & Sauer, Johannes & Peshevski, Mile & Bosev, Dane & Shekerinov, Darko & Quarrie, Steve, 2008. "Water Communities in the Republic of Macedonia: an empirical analysis of membership satisfaction and payment behaviour," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44161, European Association of Agricultural Economists.
- Vijverberg, Wim P., 2000.
"Betit: A Family That Nests Probit and Logit,"
IZA Discussion Papers
222, Institute for the Study of Labor (IZA).
- José M. Labeaga & Xisco Oliver & Amedeo Spadaro, . "Measuring Changes in Health Capital," Working Papers 2005-15, FEDEA.
- Jolliffe, Dean, 1997. "Whose education matters in the determination of household income," FCND discussion papers 39, International Food Policy Research Institute (IFPRI).
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.