This paper derives the marginal effects for a conditional mean function in a bivariate probit model. A general expression is given for a model which allows for sample selectiviy and heteroscedasticity. The computations are illustrated using microeconomic data from a study on credit scoring.
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Paper provided by New York University, Leonard N. Stern School of Business, Department of Economics in its series Working Papers with number
96-11.
Length: 6 pages Date of creation: 1996 Date of revision: Handle: RePEc:ste:nystbu:96-11
Contact details of provider: Postal: New York University, Leonard N. Stern School of Business, Department of Economics, 44 West 4th Street, New York, NY 10012-1126 Phone: (212) 998-0860 Fax: (212) 995-4218 Web page: http://w4.stern.nyu.edu/economics/ More information through EDIRC
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Find related papers by JEL classification: C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Estimation C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models
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