bicop: a command for fitting bivariate ordinal regressions with residual dependence characterized by a copula function and normal mixture marginals

Publication type

Journal Article

Published in

The Stata Journal

Authors

Monica Hernandez-Alava and Stephen Pudney

Publication date

Summary

In this article, we describe a new Stata command, bicop, for fitting a model consisting of a pair of ordinal regressions with a flexible residual distribution, with each marginal distribution specified as a two-part normal mixture, and stochastic dependence governed by a choice of copula functions. The bicop command generalizes the existing biprobit and bioprobit commands, which assume a bivariate normal residual distribution. We present and explain the bicop estimation command and the available postestimation commands using data on financial well-being from the UK Understanding Society Panel Survey.

Volume and page numbers

16, 159-184

ISSN

16

Subjects

Statistical Analysis and Computing

Links

Notes

Hilary Doughty Research Library, ISER, University of Essex- indexed article

Related Publications

  1. BICOP: a Stata command for fitting bivariate ordinal regressions with residual dependence characterised by a copula function and normal mixture marginals