Search found 20 matches
- 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...
- 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...
- 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...
- 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 ...
- 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...
- 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...
- 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...
- 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 ...
- 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...
- 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...
- 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...
- 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!
- 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...
- 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!
- 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...
