Ordered Probit Regression - Error Message

For technical questions regarding estimation of single equations, systems, VARs, Factor analysis and State Space Models in EViews. General econometric questions and advice should go in the Econometric Discussions forum.

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luigi1010
Posts: 4
Joined: Sun May 02, 2010 12:49 pm

Ordered Probit Regression - Error Message

Postby luigi1010 » Sun May 02, 2010 12:54 pm

Thanks for your help.
Last edited by luigi1010 on Mon May 03, 2010 6:35 am, edited 1 time in total.

EViews Gareth
Fe ddaethom, fe welon, fe amcangyfrifon
Posts: 13604
Joined: Tue Sep 16, 2008 5:38 pm

Re: Ordered Probit Regression - Error Message

Postby EViews Gareth » Sun May 02, 2010 3:07 pm

Without wanting to state the obvious, the best way rectify your problem is to use user-supplied starting values rather than the EViews supplied ones. The options page of the Estimation dialog lets you choose user-supplied starting values, and you can set the starting values by entering values into the C vector before estimation.

By the way, you should probably update your copy of EViews, yours is quite out of date:
http://eviews.com/download/download.html

luigi1010
Posts: 4
Joined: Sun May 02, 2010 12:49 pm

Re: Ordered Probit Regression - Error Message

Postby luigi1010 » Sun May 02, 2010 8:20 pm

Thanks for your help.
Last edited by luigi1010 on Mon May 03, 2010 6:35 am, edited 1 time in total.

EViews Gareth
Fe ddaethom, fe welon, fe amcangyfrifon
Posts: 13604
Joined: Tue Sep 16, 2008 5:38 pm

Ordered Probit Regression - Error Message

Postby EViews Gareth » Sun May 02, 2010 8:49 pm

If you can't think of values that make economic sense (you should be able to have a rough guess at sign and magnitude) you can try different sets of random numbers. In well behaved models, it should make no difference.


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