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Specification and Estimation of Rating Scale Models : With an Application to the Determinants of Life Satisfaction

Raphael StuderRainer Winkelmann

出版	Department of Economics, University of Zurich, 2011
URL	http://books.google.com.hk/books?id=vtUXtwAACAAJ&hl=&source=gbs_api

註釋

This article proposes a new class of rating scale models, which merges advantages and overcomes shortcomings of the traditional linear and ordered latent regression models. Both parametric and semi-parametric estimation is considered. The insights of an empirical application to satisfaction data are threefold. First, the methods are easily implementable in standard statistical software. Second, the non-linear model allows for exible marginal effects, and predicted means respect the boundaries of the dependent variable. Third, average marginal e ects are similar to ordinary least squares estimates.