Search found 20 matches

by michelleli
Thu Apr 12, 2012 3:57 pm
Forum: Econometric Discussions
Topic: Ordered probit model and Nested probit model
Replies: 0
Views: 3476

Ordered probit model and Nested probit model

Dear all, I have a silly question to ask. I am trying to anlayse the determinants of degree of CEO board involvement, where CEO board involvement includes CEOs off the board, CEOs on the board as directors and CEOs on the board as chairmen. I suddenly confused should I use ordered probit model or ne...
by michelleli
Tue Mar 27, 2012 3:34 pm
Forum: Estimation
Topic: Logit/Probit Estimation and Panel Data
Replies: 8
Views: 12251

Re: Logit/Probit Estimation and Panel Data

Hi Glenn, Thank you very much for your help. One more question with regard to the firm level clustering standard error. Since it is not built in for ordered probit model with panel data, what's the steps I need to take to estimate robust standradr erros incorporating firm level clustering? Regards M...
by michelleli
Mon Mar 26, 2012 5:46 pm
Forum: Estimation
Topic: Logit/Probit Estimation and Panel Data
Replies: 8
Views: 12251

Re: Logit/Probit Estimation and Panel Data

Hi Glenn, I don't think it is the problem of dummy variable trap. I have uploaded my workfile, please have a look. I am trying to regress ordered on lrsale_w segbus segloca agelist agelist^2 qratio_w leverage block_shareholding_w board ceoyears ceo_ss ceogender founderinvolvement _indpt chdirlist ch...
by michelleli
Sat Mar 24, 2012 4:08 pm
Forum: Estimation
Topic: Logit/Probit Estimation and Panel Data
Replies: 8
Views: 12251

Re: Logit/Probit Estimation and Panel Data

Given the answer you provided below about firm level clustering, what can I do to deal with autocorrelation in the dependent variable within firm clustering and possibly autocorrelation in the residuals. Cheers That error message sounds like it's masking a different error. Are you including both an ...
by michelleli
Thu Mar 22, 2012 5:49 pm
Forum: Estimation
Topic: Logit/Probit Estimation and Panel Data
Replies: 8
Views: 12251

Logit/Probit Estimation and Panel Data

Hello everybody, I am using EViews 7 and my workfile comprises binary panel data. I know, that Logit/Probit models also work on Panel data, but I have some questions about how I can account for fixed effects in the panel data when estimating a Logit/Probit model. From previous posts, I understand th...
by michelleli
Thu Mar 08, 2012 8:11 pm
Forum: Estimation
Topic: Logit/Probit models and Panel Data
Replies: 5
Views: 8071

Re: Logit/Probit models and Panel Data

Hi, I have created firm dummies for the fixed effects. However, when I include these dummies (I have 152 firm dummie variables) in the estimation, Eviews show that "Parameter estimates for limit points are non-ascending 0". How can correct for this? Thanks! 1) The only way to do it is by c...
by michelleli
Tue Feb 28, 2012 9:49 pm
Forum: Data Manipulation
Topic: Delete observation from a panel data
Replies: 1
Views: 5052

Delete observation from a panel data

Hi, I am running a logit model using a panel data. After all the univariate analysis and regression analysis, I found I included an observation that should not be included. My question is how can I delete the observation from my workfile completely. After doing so, are the results of univariate anal...
by michelleli
Sat Jan 14, 2012 6:36 am
Forum: Estimation
Topic: Ordered probit model
Replies: 16
Views: 38287

Re: Ordered probit model

The following explanation suggests to compute the marginal effect of each explanatory variable in its sample average. How can I do that in Eviews 6? Cheers Since your dependent variable has three distinct categories, you might have estimated two threshold/limit values. The latent variable (or index ...
by michelleli
Fri Jan 13, 2012 1:52 am
Forum: Estimation
Topic: Urgent help on Ordered Probit Model
Replies: 8
Views: 10074

Re: Urgent help on Ordered Probit Model

As explained by trubador in http://forums.eviews.com/viewtopic.php?f=4&t=337 OR (Since your dependent variable has three distinct categories, you might have estimated two threshold/limit values. The latent variable (or index function), however, can only be constructed after the estimation of coe...
by michelleli
Tue Jan 10, 2012 6:01 pm
Forum: Estimation
Topic: Urgent help on Ordered Probit Model
Replies: 8
Views: 10074

Re: Urgent help on Ordered Probit Model

Thanks for your reply, Glenn. I solved the the problem using the tip you provided ablve. However, another problem occured. After I "solved"the model, Eviews 6 only produced the probability of oberserved valued in the dependent variable for each catergory with respect to the latent variable...
by michelleli
Mon Jan 02, 2012 7:26 pm
Forum: Estimation
Topic: Ordered probit model
Replies: 16
Views: 38287

Re: Ordered probit model

Hi, I am using the following method to calculate the marginal effect for a ordered probit model. I have "solved" the model. However, I have a few problems. 1. The output only shows the results of the latent variables and I couldn't find limit_0 and limit_1. 2. where should I type in the co...
by michelleli
Mon Jan 02, 2012 4:57 pm
Forum: Estimation
Topic: Urgent help on Ordered Probit Model
Replies: 8
Views: 10074

Re: Urgent help on Ordered Probit Model

Problem Solved ! Thanks a lot!
by michelleli
Mon Jan 02, 2012 4:57 pm
Forum: Estimation
Topic: Urgent help on Ordered Probit Model
Replies: 8
Views: 10074

Re: Urgent help on Ordered Probit Model

There are missing values in your estimation sample. EViews automatically excludes them in estimation...

For model solution, missings are not automatically excluded. You'll need to go to the Solver tab of the model solution dialog, and uncheck the "Stop solve on missing data" option...
by michelleli
Sat Dec 31, 2011 8:22 pm
Forum: Estimation
Topic: Urgent help on Ordered Probit Model
Replies: 8
Views: 10074

Re: Urgent help on Ordered Probit Model

Urgent help needed!
by michelleli
Fri Dec 30, 2011 3:58 pm
Forum: Estimation
Topic: Urgent help on Ordered Probit Model
Replies: 8
Views: 10074

Urgent help on Ordered Probit Model

Hi, I have estimated an ordered probit model in Eviews 6 and trying the calculate the marginal effect. My procedue to calculate the marginal effect is as follows: 1.Make model from the Proc function 2.press "solve" The output page indicates "solve terminated-unable to compute due to m...

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