Publication type
Journal Article
Authors
Publication date
June 1, 2016
Summary:
In this article, we describe a new Stata command, bicop, for fitting a model consisting of a pair of ordinal regressions with a flexible residual distribution, with each marginal distribution specified as a two-part normal mixture, and stochastic dependence governed by a choice of copula functions. The bicop command generalizes the existing biprobit and bioprobit commands, which assume a bivariate normal residual distribution. We present and explain the bicop estimation command and the available postestimation commands using data on financial well-being from the UK Understanding Society Panel Survey.
Published in
The Stata Journal
Volume and page numbers
Volume: 16 , p.159 -184
ISSN
1536867
Subjects
Link
- http://repository.essex.ac.uk/16805/
Notes
Hilary Doughty Research Library, ISER, University of Essex- indexed article
Related Publications
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BICOP: a Stata command for fitting bivariate ordinal regressions with residual dependence characterised by a copula function and normal mixture marginals
Monica Hernandez-Alava, Stephen Pudney,Understanding Society Working Paper Series - 20150520
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