An Advantage of the Linear Probability Model over Probit or Logit
AbstractLinear probability models, logit models, and probit models have been used to estimate dichotomous choice models in the past, but recently, the linear probability model has fallen into disfavor because it can yield predicted probabilities outside the 0-1 interval. However, there are some parameters of interest that can be estimated in the linear probability model, but not in either logit or probit models. If the model contains a dummy variable for membership in some group, and every member of the group has the same value for the dependent variable, the coefficient of the group dummy variable cannot be estimated in logit or probit models, but can be estimated in the linear probability model. Copyright 1988 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): 50 (1988)
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.
- Franklin Mixon & Len Trevino, 2005. "Is there gender discrimination in named professorships? An econometric analysis of economics departments in the US South," Applied Economics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 37(8), pages 849-854.
- Luis Cabral & Ben Polak, 2007. "Dominant Firms, Imitation, and Incentives to Innovate," Working Papers, New York University, Leonard N. Stern School of Business, Department of Economics 07-6, New York University, Leonard N. Stern School of Business, Department of Economics.
- Deborah Cobb-Clark & Marie D. Connolly & Christopher Worswick, 2001. "The Job Search and Investments of Immigrant Families," CEPR Discussion Papers, Centre for Economic Policy Research, Research School of Economics, Australian National University 432, Centre for Economic Policy Research, Research School of Economics, Australian National University.
- repec:ilo:ilowps:295635 is not listed on IDEAS
- Evans, Mary F. & Smith, V. Kerry, 2005. "Do new health conditions support mortality-air pollution effects?," Journal of Environmental Economics and Management, Elsevier, vol. 50(3), pages 496-518, November.
- Valentina Dimitrova-Grajzl & Peter Grajzl & Katarina Zajc, 2014. "Inside Post-Socialist Courts: The Determinants of Adjudicatory Outcomes in Slovenian Commercial Disputes," CESifo Working Paper Series 4894, CESifo Group Munich.
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.