Limited-Dependent and Qualitative Variables in Econometrics (Econometric Society Monographs, Series Number 3) - Hardcover

Maddala, G. S.

Hardcover

ISBN 10: 052124143X ISBN 13: 9780521241434

Publisher: Cambridge University Press, 1983

Synopsis

This book presents the econometric analysis of single-equation and simultaneous-equation models in which the jointly dependent variables can be continuous, categorical, or truncated. Despite the traditional emphasis on continuous variables in econometrics, many of the economic variables encountered in practice are categorical (those for which a suitable category can be found but where no actual measurement exists) or truncated (those that can be observed only in certain ranges). Such variables are involved, for example, in models of occupational choice, choice of tenure in housing, and choice of type of schooling. Models with regulated prices and rationing, and models for program evaluation, also represent areas of application for the techniques presented by the author.

About this title

Book Description

This book presents the econometric analysis of single equation and simultaneous equation models where the jointly dependent variables can be continuous, categorical, or truncated.

About the Author

G.S. MADDALA passed away in June 1999 and had been a leading figure in the econometrics profession for more than three decades. At the time of his death, he held the University Eminent Scholar Professorship in the Department of Economics at Ohio State University. His previous university affiliations include Stanford University, University of Rochester and University of Florida.

Edition details

• Publisher: Cambridge University Press
• Publication date: 1983
• Language: English
• ISBN 10: 052124143X
• ISBN 13: 9780521241434
• Binding: Hardcover
• Number of pages: 416