Constraint that sum of coefficients equals 1

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hermiola
Posts: 2
Joined: Tue May 17, 2011 11:45 am

Re: Constraint that sum of coefficients equals 1

Postby hermiola » Tue May 17, 2011 11:59 am

Hello,
I have the following probplem.
I need to solve a Probit regression, where for one of the Variables there is a constraint that the parameter estimate should be equal to 1, i.e.

y = Probit( c(1) + c(2)*x + z)

However, it is not clear how to impute such a constrain.
Also, I face a problem that when I use specification as


equation bn1.binary(D=N) y c(1) c(2)*x z

it uses the previously obtained coefficients as inputs

If anyone has any idea, would be really glad.
THank you in advance.

startz
Non-normality and collinearity are NOT problems!
Posts: 3796
Joined: Wed Sep 17, 2008 2:25 pm

Re: Constraint that sum of coefficients equals 1

Postby startz » Tue May 17, 2011 12:51 pm

How about

Code: Select all

probit y = c(1) + c(2)*x + z


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