probit_spline3 function

cubic spline specification model with probit link

All specification models can be used as parameter in estimate.functional. Specification models are used to denote the quantile or expectile level (depending on the identification function). This specification model depends through a cubic spline on the state variable and applies a probit link function.

probit_spline3(stateVariable, theta, ...)

Arguments

• stateVariable: state variable
• theta: parameter
• ...: ...

Returns

numeric level

Examples

# plot example of cubic spline specification model with state-dependent quantile/expectile level
plot(function(x) probit_spline3(x,theta=c(0,2,1,-1)), xlim=c(-2,2))

See Also

Other specification models: constant, logistic_linear, probit_break, probit_linear, probit_spline2