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- Wed Mar 30, 2011 12:53 am
- Forum: Estimation
- Topic: 2-stage ordered probit Estimation
- Replies: 0
- Views: 1622
2-stage ordered probit Estimation
Dear All, I am trying to run a simultaneous equation model which is modeled as; P*=D*+1X1+e D*= zP*+ 2X2+e2 Where each of the above two equations are ordered probit equations and P* and D* are ordered latent endogenous variables which will have ordinal values between 1-4. The reason the model is for...