Table 1 Parameter estimates for the BG models (with beta and GB1 marginals) fitted to the variables education & health by maximum likelihood (standard errors in parenthesis)

 Variables: education & health

Year

${\widehat{\mathit{p}}}_{\mathbf{1}}$

${\widehat{\mathit{p}}}_{\mathbf{2}}$

$\widehat{\mathit{q}}$

${\widehat{\mathit{p}}}_{\mathbf{1}}$

${\widehat{\mathit{p}}}_{\mathbf{2}}$

$\widehat{\mathit{q}}$

${\mathit{â}}_{\mathbf{1}}$

${\mathit{â}}_{\mathbf{2}}$