The Econometric SocietyEdited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262
Econometrica: Jul, 1975, Volume 43, Issue 4
https://www.jstor.org/stable/1913083
p. 745-755
Peter Schmidt, Robert P. Strauss
This paper considers the estimation of a simultaneous equations model in which the dependent variables are qualitative. The model is a simultaneous version of the multivariate logit model, and can be estimated by maximum likelihood. An example is presented, dealing with the prediction of occupation and industry of employment of a worker based on certain demographic variables.
