An ordered categorical response model with endogenous switching: Simulation Exercises and an Application to State Health

Andrés Ramírez Hassan (aramir21@eafit.edu.co) and Johnatan Cardona Jimenez

No 10608, Documentos de Trabajo de Valor Público from Universidad EAFIT

Abstract: We develop and estimate a full information maximum likelihood ordered categorical response model with endogenous switching. Simulation exercises show that estimated parameters are unbias and consistent. And application to Internet access indicates that there are selection and moral hazard.

Keywords: Endogenous Switching; Categorical Response; Evolution Strategy (search for similar items in EconPapers)
Pages: 11
Date: 2011-05-01
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