As the real and nominal exchange rates have become more volatile since the early 1970s, the study of the effect of exchange rate on trade flows has come into sharp focus. While conventional effects of depreciation or appreciation of exchange rates on trade flows have been accepted and verified by...
This dissertation is about the likelihood analysis of ordered categorical responses in a longitudinal/spatial study, meaning regression-like analysis when the response variable is categorical with ordered categories, and is measured repeatedly over time or space on the experimental or sampling units. Particular attention is given to the multivariate ordinal probit...
