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Chapter 10 first introduces the two main non-linear models—logit and probit—used when the dependent variable is dichotomous and qualitative. It then looks successively at the static and dynamic versions of the probit model. It then focuses on the dynamic probit model as a forecasting tool.

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The Binary Qualitative Model

  • 章节

  • 发表日期：

    2025年

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  • Francis J. Bismans,
  • Olivier Damette

摘要

Chapter 10 first introduces the two main non-linear models—logit and probit—used when the dependent variable is dichotomous and qualitative. It then looks successively at the static and dynamic versions of the probit model. It then focuses on the dynamic probit model as a forecasting tool.