Monday, March 13, 2006
st: IV with oprobit / mprobit?
Is it possible to use an instrumental variable approach with ordered or multinomial probit (or logit for that matter)? ivprobit / ivlogit seem to deal only with binary dependent variables.
In recent months several other posts have asked the same question, but to my knowledge a satisfactory solution has not been given.
Your response is greatly appreciated.
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