I would like to estimate the following simultaneous-equation model, and
am a bit befuddled.
logit SEP IND Y X
logit IND SEP Y W
I'm leaning toward the following:
-logit SEP X Y W
-predict SEPhat
-logit IND X Y W
-predict INDhat
-logit SEP INDhat X Y
-logit IND Sephat W Y
but I think the standard errors will be wrong:
Does anyone have any suggestions? Thanks in advance.