This paper studies the special case of the triangular system of equations in Vytlacil and Yildiz (2007), where both dependent variables are binary but without imposing the restrictive support ...

In this article, we present a technique and critical test statistic for assessing the fit of a binary-dependent variable model (e.g., a logit or probit). We examine how closely a model's predicted ...

The estimation of empirical models is essential to public policy analysis and social science research. Ordinary Least Squares (OLS) regression analysis is the most frequently used empirical model, and ...