Dear all,
Thanks to Professor Baum, A new command is available in SSC. -mbitobit-.
This command re-addresses an old problem. The estimation of bivariate tobit models, when the dependent variables are censored at zero.
While there are other commands that do the same (mvtobit, bitobit and cmp). I wrote this one to make it easier to obtain predictions (and marginal effects)
from most common for the model.
I also added an option -sim- to simulate data based on models already estimated
comments and questions are welcomed.
Best Regards,
Fernando
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