Hi there!
I am studiyng whether financial literacy causes over-indebtedness among households. So, my response variable is dummy (over-indebted or not) and my variable of interes is categorical (5 categories corresponding to the correct answers on financial literacy questions). I have a panel data, so I am able to use xtlogi .., fe to account for ommited variable bias (even in the presense of the list of control variables in the model). But I think that finanncial literacy variable is endogeous and Instrument variable inclusion is necessary but I am not sure that this option possible as an alterantive to xtlogit...fe.
I have seen several options:
xtivreg ..., fe - but it is not sutable for binary oucome
ivprobit... , vce(cluster x) - but no fe
ivprobit ... , twostep - but no fe
Could you please guide me on what are the possible options I can use in order to build an instrument variable model in my case?
Thanks for any feedback in advance!
Best wishes,
Artem Abduramanov
Related Posts with Instrument variable model in binary outcome panel model with fixed effects
getting error doing structural testHello all, I am testing for structural breaks using estat sbsingle. I am specifically focusing on th…
How to loop element-by-element operations (e.g regression)Hello, I am trying to find a way to loop element by element operations across two lists of variables…
How to repeat some command linesHello all, I need to repeat 3 line of commands in stata to create updated observations for three va…
reshape / transpose large dataset for mergingI am constructing a large timeseries dataset, with cases arranged around WDI_code (World Development…
Summary stats with panel data: obtaining both N (overall obs.) and n (group obs.) by ethnic groupsDear all, I am trying to do some simple mean summary statistics for each variable with panel data (…
Subscribe to:
Post Comments (Atom)
0 Response to Instrument variable model in binary outcome panel model with fixed effects
Post a Comment