Informational content of factor structures in simultaneous discrete response models

• Main Authors: KHAN, Shakeeb, MAUREL, Arnaud, ZHANG, Yichong
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2023
• Subjects: Factor Structures; Discrete Choice; Treatment Effects; Information Security; Management Information Systems
• Online Access: https://ink.library.smu.edu.sg/soe_research/2057; https://ink.library.smu.edu.sg/context/soe_research/article/3056/viewcontent/ShakeebKhan_paper.pdf
• Institution: Singapore Management University

We study the informational content of factor structures in discrete triangular systems. Factor structures have been employed in a variety of settings in cross sectional and panel data models, and in this paper we attempt to formally quantify their informational content in a bivariate system often em...