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
Looping over folders in the directory and then over files in each folderHi everyone, I want to make a panel data dta file from several excel files sitting in several folde…
Generating a variable that is gives average score based on 'yes' responses on a bunch of variablesHello experts, I have been facing a challenge in producing an output that is based on average score…
R Class ProgramI use a rclass program to obtain significance stars after running two regressions. When I run the fi…
Fractional response model with binary endogenous explanatory variableHello everyone, As the title mention, I have an endogenous explanatory variable, which happens to be…
Why there is missing t-test information for one controlling variable after using PSM and ptest?Array Dear friends, I applied PSM using below command, psmatch2 treat x1 x2 , out(Y) logit ate neig…
Subscribe to:
Post Comments (Atom)
0 Response to Instrument variable model in binary outcome panel model with fixed effects
Post a Comment