Dear All
I was wondering if anyone could explain the command suest
I have the following probit models which are estimated simultaneously
Y1= aX1+bZ2+e1
X1= cY1+dZ3+e2
I found a significant positive coefficient on X1 in the Y1 equation. This
suggests a recursive relationship. I was wondering whether suest estimates
such a recursive relationship, or would I be better off using biprobit. I
get quite different results using both and some of the estimates using
biprobit seem to be quite off - can anyone suggest why this is the case?
Thanks
Daniel
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