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
DiD and MatchingHi, I came across two commands that are supposed to do similar jobs: -kmatch- and -diff- Both of th…
Allocating cases to the class with the highest probabilty - Latent Class AnalysisHi Statalists, I am running a LCA with the gsem-command. My code is as follows: Code: gsem ( var…
Setting Stubhello everyone, I hope you are all well. I have a variable that indicates the region of residence of…
Simultaneous equation model with dynamic panelDear all: I am trying to estimate a four-equation simultaneous model, my dataset is a panel. Usuall…
Is the normalized dependent variable suitable for fractional model or tobit model?The range of my dependent variable Y is [0,inf). Since it is left censored to zero, the tobit model …
Subscribe to:
Post Comments (Atom)
0 Response to Instrument variable model in binary outcome panel model with fixed effects
Post a Comment