Hello,
I am estimating a bivariate probit model using the bprobit command.
Stata must go through a large number of iterations before it can compute
the estimates. Additionally, Stata displays the statement 'not concave'
beside some of the iterations. Both equations in the bivariate probit
have a fair number of right hand side variables and my sample size is
not overly large (approximately 2000). Should I place much faith in
these estimates?
Thanks very much
Catherine Maclean
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