Title of article
Maximum score estimation of a nonstationary binary choice model
Author/Authors
Moon، نويسنده , , Hyungsik Roger، نويسنده ,
Issue Information
دوفصلنامه با شماره پیاپی سال 2004
Pages
19
From page
385
To page
403
Abstract
This paper studies the estimation of a simple binary choice model in which explanatory variables include nonstationary variables and the distribution of the model is not known. We find a set of conditions under which the coefficients of the nonstationary variables are identified. We show that the maximum score estimator of the nonstationary coefficients is consistent.
Keywords
Maximum score estimation , Nonstationary explanatory variables , Binary choice
Journal title
Journal of Econometrics
Serial Year
2004
Journal title
Journal of Econometrics
Record number
1558614
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