Identification and decompositions in probit and logit models

Choe, Chung; Jung, Se Eun; Oaxaca, Ronald L.

doi:10.1007/s00181-019-01716-2

Cited by 4 publications

(2 citation statements)

References 11 publications

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“…Previous studies using the Findex dataset supported the appropriate distribution of the data to be estimated with probit regressions (Zins & Weill, 2016). While a complete decomposition of the differences across groups based on sample proportions offers a more precise approach (Choe, Jung, & Oaxaca, 2020), the model and variables used do not impose restrictions to use a probit model. The dependent variable (x i ) takes values of one or zero for the different models (e.g., access to finance, perception of barriers, source of finance, among the four others).…”

Section: Methodsmentioning

confidence: 99%

Financial inclusion dynamics in Southeast Asia: An empirical investigation on three countries

et al. 2020

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This paper examines the determinants of financial inclusion in Vietnam, Indonesia, and the Philippines (VIP). We employ a probit model to the World Bank's Global Findex Dataset of 2017. The analysis compares individuals' access to formal and informal financial services, savings, and credit tools, considering individual socioeconomic characteristics. The study finds significant gaps in financial access between individuals based on gender, age, income, education, location, and job status. Indonesia made more considerable improvements in financial inclusion than the Philippines and Vietnam. Access to savings and credit in the VIP remain low, mainly favoring adults, higher earners, formally employed, and the more educated ones. Females in the VIP have a higher likelihood to be financially included than males, they are more likely to hold savings accounts, to participate in informal finance, while they perceived fewer barriers to formal banking. Formal and informal services coexist in the VIP, while formal financial services often exclude the less privileged. Lack of money, high cost of finance, and perception of financial services as unnecessary are the largest obstacles to inclusion in the VIP, being more burdensome for low-income and less-educated people. Mobile banking services have developed yet leave the less-fortunate people unserved. Age plays a vital role in savings and credit behavior, with the VIP missing to ensure access for young people to services.

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Section: Methodsmentioning

confidence: 99%

Financial inclusion dynamics in Southeast Asia: An empirical investigation on three countries

et al. 2020

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“…8 The parameters of the utility functions are identified up to the usual scale normalization (Choe et al (2020)).…”

Section: Multivariate Binary Field Choicementioning

confidence: 99%

Gender Differences in Economics Phd Field Specializations with Correlated Choices

Sierminska¹,

Oaxaca²

2022

SSRN Journal

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Understanding the CSR‐luxury paradox: The duality of luxury and responsibility in consumer perceptions

Sun,

Mai,

2024

Corp Soc Responsibility Env

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This article delves into the intricate dynamics between luxury businesses' environmental responsibility initiatives and consumer perceptions, grounded in the theory of reasoned action. Utilizing three experimental studies, this article explores the interplay of corporate social responsibility (CSR) message framing (responsibility‐focused vs. dignity‐focused) and the nature of the luxury business (established vs. entrepreneurial). Study 1 examines the interaction between luxury brand type and CSR message framing, revealing that responsibility‐focused narratives enhance consumer interest in entrepreneurial brands but not in established ones. Study 2 investigates the psychological mechanisms underlying these effects, finding that dignity‐focused narratives increase consumer engagement through perceived authenticity and alignment with self‐image. Study 3 employs longitudinal field research to track actual buying behaviors, showing that dignity‐focused messages significantly boost spending, brand loyalty, and satisfaction, particularly for entrepreneurial brands. The findings illuminate the nuanced consumer reactions to CSR initiatives, underscoring the importance of message framing and brand nature in shaping luxury consumption attitudes.

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Identification and decompositions in probit and logit models

Cited by 4 publications

References 11 publications

Financial inclusion dynamics in Southeast Asia: An empirical investigation on three countries

Financial inclusion dynamics in Southeast Asia: An empirical investigation on three countries

Gender Differences in Economics Phd Field Specializations with Correlated Choices

Understanding the CSR‐luxury paradox: The duality of luxury and responsibility in consumer perceptions

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