Quick Search:

uzh logo
Browse by:
bullet
bullet
bullet
bullet

Zurich Open Repository and Archive

Permanent URL to this publication: http://dx.doi.org/10.5167/uzh-50777

Studer, Raphael; Winkelmann, Rainer (2011). Specification and estimation of rating scale models - with an application to the determinants of life satisfaction. Working paper series / Department of Economics No. 03, University of Zurich.

[img]
Preview
PDF
754kB

Abstract

This article proposes a new class of rating scale models, which merges advantages and overcomes shortcomings of the traditional linear and ordered latent regression models. Both parametric and semi-parametric estimation is considered. The insights of an empirical application to satisfaction data are threefold. First, the methods are easily implementable in standard statistical software. Second, the non-linear model allows for flexible marginal effects, and predicted means respect the boundaries of the dependent variable. Third, average marginal effects are similar to ordinary least squares estimates.

Downloads

290 downloads since deposited on 11 Nov 2011
103 downloads since 12 months

Detailed statistics

Additional indexing

Item Type:Working Paper
Communities & Collections:03 Faculty of Economics > Department of Economics
Working Paper Series > Department of Economics
DDC:330 Economics
JEL Classification:C21, I00
Uncontrolled Keywords:Rating variables, non-linear least squares, quasi-maximum likelihood, semiparametric least squares, subjective well-being
Language:English
Date:January 2011
Deposited On:11 Nov 2011 07:41
Last Modified:17 Oct 2012 06:10
Series Name:Working paper series / Department of Economics
Number of Pages:19
ISSN:1664-7041 (P) 1664-705X (E)
Official URL:http://www.econ.uzh.ch/static/wp/econwp003.pdf
Related URLs:http://www.econ.uzh.ch/static/workingpapers.php

Users (please log in): suggest update or correction for this item

Repository Staff Only: item control page