probit_spline3 {PointFore}R Documentation

cubic spline specification model with probit link

Description

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.

Usage

probit_spline3(stateVariable, theta, ...)

Arguments

stateVariable

state variable

theta

parameter

...

...

Value

numeric level

See Also

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

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))

[Package PointFore version 0.2.0 Index]