Hi, I tried to estimate a probit panel data model with endogenous binary variable using xteprobit. Following the manual, I've to specify the nature of endogenous variable, so that I used:
xteoprobit dep.variable ind variables, endogenous (end_varname = instruments, probit)
but adaptive quadrature failed to converg. I've an unbalanced panel dataset.
tried to add explanatory variable step by step, but the problem persists. There are no problems when I use the simple eprobit estimation,with probit option, or xteprobit, without probit option for endogenous variable. Any suggestions?