This paper considers the estimation of a simultaneous equations model in which the dependent variables are qualitative. The model is a simultaneous version of the multivariate logit model, and can be estimated by maximum likelihood. An example is presented, dealing with the prediction of occupation and industry of employment of a worker based on certain demographic variables.
MLA
Schmidt, Peter, and Robert P. Strauss. “Estimation of Models with Jointly Dependent Qualitative Variables: A Simultaneous Logit Approach.” Econometrica, vol. 43, .no 4, Econometric Society, 1975, pp. 745-755, https://www.jstor.org/stable/1913083
Chicago
Schmidt, Peter, and Robert P. Strauss. “Estimation of Models with Jointly Dependent Qualitative Variables: A Simultaneous Logit Approach.” Econometrica, 43, .no 4, (Econometric Society: 1975), 745-755. https://www.jstor.org/stable/1913083
APA
Schmidt, P., & Strauss, R. P. (1975). Estimation of Models with Jointly Dependent Qualitative Variables: A Simultaneous Logit Approach. Econometrica, 43(4), 745-755. https://www.jstor.org/stable/1913083
We are deeply saddened by the passing of Kate Ho, the John L. Weinberg Professor of Economics and Business Policy at Princeton University and a Fellow of the Econometric Society. Kate was a brilliant IO economist and scholar whose impact on the profession will resonate for many years to come.
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