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Please use this identifier to cite or link to this item: http://hdl.handle.net/2262/58724

Title: When do Probit residuals sum to zero?
Author: Conniffe, Denis
Keywords: Probits
Econometrics
Estimation theory
Probabilities
Issue Date: 2010
Publisher: Economic & Social Research Institute
Citation: Conniffe, Denis. 'When do Probit residuals sum to zero?'. - Economic & Social Review, Vol. 41, No. 1, Spring, 2010, pp. 77–85, Dublin: Economic & Social Research Institute
Abstract: Probit residuals need not sum to zero in general. However, if explanatory variables are qualitative the sum can be shown to be zero for many models. Indeed this remains true for binary dependent variable models other than Probit and Logit. Even if some explanatory variables are quantitative, residuals can sum to almost zero more often than might at first seem plausible.
Description: Paper delivered at the Twenty-Third Annual Conference of the Irish Economic Association, Blarney, Co Cork, April 24-26, 2009
URI: http://hdl.handle.net/2262/58724
ISSN: 00129984
Appears in Collections:The Economic and Social Review, Vol. 41, No. 1, Spring, 2010
Economic and Social Review Archive: Complete Collection 1969-

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