Evaluation of a pseudo-R2 measure for panel probit models.
A simulation study designed to evaluate the pseudo-R2T proposed in an earlier paper by Spiess and Keller suggests that, for the models considered, this measure represents the goodness of fit not only of the systematic part, but also of the assumed correlation structure in binary panel probit models.
Spiess
M
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DIW, GSOEP, Königin-Luise-Str. 5, 14195 Berlin, Germany.
D015982:Bias; D003198:Computer Simulation; D003625:Data Collection / Q000706:statistics & numerical data*; D006801:Humans; D015233:Models, Statistical; D011336:Probability