Analysis of Household Consumption Behavior and Indebted Self-Selection Effects: Case Study of Thailand

• Main Authors: Jianxu Liu, Duangthip Sirikanchanarak, Songsak Sriboonchitta, Jiachun Xie
• Format: Journal
• Published: 2018
• Subjects: Engineering; Mathematics
• Online Access: https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85048599698&origin=inward; http://cmuir.cmu.ac.th/jspui/handle/6653943832/58708
• Institution: Chiang Mai University

© 2018 Jianxu Liu et al. Copula is deemed to be a good approach for relaxing bivariate or multivariate distributions in econometric models. This paper combines static and dynamic copula functions with endogenous switching to study self-selection effects and interdependence between error terms. This...