Vassar College Digital Library
Abstract
This paper presents an easily implemented test of the assumption of a normally distributed error term for the ordered probit model. As this assumption is the central maintained hypothesis in all estimation and testing based on this model, the test ought to serve as a key specification test in applied research. A small Monte Carlo experiment suggests that the test has good size and power properties.
Details
Authors
Department or Program
Document Type
Page Numbers
213-221
Paper Number
34
Peer Reviewed
Reviewed
Publication Date
1995-12-01
Source Publication
Volume Number
54
English
Repository Collection
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