Bivariate Probit and Logit Models
Bivariate probit and logit models, like the binary probit and logit models, use binary dependent variables, commonly coded as a 0 or 1 variable. Two equations are estimated, representing decisions that are dependent.
Bivariate probit and logit models: topics covered
Bivariate probit and logit models
Model coefficients and interpretations
Marginal effects and interpretations