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On the Calculation of Marginal Effects in the Bivariate Probit ModelLouis N. ChristofidesUniversity of Cyprus - Department of Economics; University of Guelph; CESifo (Center for Economic Studies and Ifo Institute for Economic Research); Institute for the Study of Labor (IZA) Thanasis StengosUniversity of Guelph - Department of Economics Robert SwidinskyUniversity of Guelph - Department of Economics March 1996 CES Working Paper, No. 105 Abstract: We examine the effects of marginal changes in continuous variables on the joint, conditional and marginal probabilities involved in the bivariate probit model. The connection between effects in the univariate and bivariate probit models is also explored. We illustrate these effects using a bivariate model of welfare and labor force participation by lone mothers, using data from the 1989 Labour Market Activity Survey of Canada.
JEL Classification: C24, C34, J12, J16, J21, J22 working papers seriesDate posted: April 29, 1998Suggested CitationContact Information
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