[Limdep Nlogit List] Limdep code to estimate a bivariate probit with sample selection using panel data?
wgreene at stern.nyu.edu
Mon Jul 7 20:16:21 EST 2008
The bivariate probit part is specified as usual:
BIVARIATE ; Lhs = y1,y2 ; Rh1 = ... ; Rh2 = ... ; Selection
The panel part is ;PDS = the usual
The random parameters part is
; FCN = variable (distribution) ... for variables in equation 1 and
variable [distribution] ... for variables in equation 2.
You should use Halton sequences with
;HALTON ; PTS = the number of draws.
There are no fixed effects or latent class versions of this model.
----- Original Message -----
From: "Magnus Soderberg" <Magnus.Soderberg at unisa.edu.au>
To: limdep at limdep.itls.usyd.edu.au
Sent: Monday, July 7, 2008 1:20:09 AM (GMT-0500) America/New_York
Subject: [Limdep Nlogit List] Limdep code to estimate a bivariate probit with sample selection using panel data?
I want to estimate a bivariate probit with sample selection using panel
data and Limdep 9.0.
However, I do not understand from the help file how I should specify
such an estimation in Limdep. Does anyone
have a clue how to do that?
And, should y1 have 0's whenever y2 is 0?
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