We propose a test for state dependence in the fixed-effects ordered logit, based on Quadratic Exponential model. The can be applied to models where persistence lies either latent or observed response variable.

This paper investigates factors likely to increase a person’s risk of social exclusion, drawing on survey data specifically framed for this purpose. We use a generalised ordered logit model that accounts for observed and unobserved heterogeneity and derive the marginal effects for each influencing attribute. We find that people are less likely to be at risk of social exclusion if they have regu...

Immigrant flows to Spain have increased in the last decade, but little is known about the composition and role of personal support networks of immigrants to Spain. Our research questions are 1) to what extent are Spaniards, (more settled Spanish residents) present in an immigrants’ network, compared with non-Spaniards, such as other recent immigrants? 2) Which factors are associated with ties b...

AMS subject classifications: 62G05 62G10 62F12 Keywords: Confidence intervals/regions Coverage probability Interval-censored failure time data Jackknife empirical likelihood Linear transformation models Estimating equations a b s t r a c t For regression analysis of interval-censored failure time data, Zhang et al. (2005) [40] proposed an estimating equation approach to fit linear transformatio...

This paper estimates ordered logit and probit regression models for bank ratings which also include a country index to capture country-specific variation. The empirical findings provide support to the hypothesis that the individual international bank ratings assigned by Fitch Ratings are underpinned by fundamental quantitative financial analyses. Also, there is strong evidence of a country effe...

This study analyzes characteristics determining member’s willingness to invest in cooperatives using ordered logit model. The data were collected in a field survey among 122 cooperative members in north-central China. The descriptive analysis of survey evidence suggests that cooperatives in China generally having poor ability to deliver the processing services related to product package, gradin...

The paper considers panel data methods for estimating ordered logit models with individual-specific correlated unobserved heterogeneity. We show that a popular approach is inconsistent, whereas some consistent and efficient estimators are available, including minimum distance and generalized method-of-moment estimators. A Monte Carlo study reveals the good properties of an alternative estimator...