Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Threshold models (sample splitting models) have wide application in economics. Existing estimation methods are confined to regression models, which require that all right-hand-side variables are ...

A model with dichotomous indicators of latent variables is developed. The latent variables are related to each other and to a set of exogenous variables in a system of structural relations.