Marginal Effects in the Bivariate Probit Model
10 Pages Posted: 3 Nov 2008
Date Written: June 1996
This paper derives the marginal effects for a conditional mean function in the bivariate probit model. A general expression is given for a model which allows for sample selectivity and heteroscedasticity. The computations are illustrated using microeconomic data from a study on creditscoring.
Keywords: Marginal effects, Bivariate probit
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