I am in the process of trying to run a Bivariate Random Effects Probit (Plum, 2016) to analyse the probability of married couples retiring based on Australian superannuation.
I am curious as how marginal effects should be calculated.
Our estimation code is:
Code:
/. bireprob retired_1 age /// > (retired_2 age_2)
Code:
margins, dydx(age age_2)
Average marginal effects Number of obs = 2,836
Model VCE : OIM
Expression : Linear prediction, predict()
dy/dx w.r.t. : age age_2
------------------------------------------------------------------------------
| Delta-method
| dy/dx Std. Err. z P>|z| [95% Conf. Interval]
-------------+----------------------------------------------------------------
age | .1838857 .0119246 15.42 0.000 .160514 .2072574
age_2 | 0 (omitted)
------------------------------------------------------------------------------
The fact that age_2 is omitted seems that either the STATA command margins doesn't account for the nature of the estimation, or I am making a mess of it.
Any thoughts would be appreciated.
refs
https://ideas.repec.org/a/tsj/stataj...i1p96-111.html
edit*
Unfortunately, due to the confidentiality requirements we can't link the data for replication, but it is sourced from HILDA ( Household, Income and Labour Dynamics in Australia, https://melbourneinstitute.unimelb.edu.au/hilda).
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