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st: Is SUREG's log-likelihood concentrated?
I'm (basically) comparing a multivariate Probit (using the mvprobit
command) with a method employing inverse distributions and the sureg
command for their subsequent multivariate normal distribution. Even
using normal inversesof univariate probit probabilities however my sureg
log-likelihoods are a good deal higher/less negative than the mvprobit
ones, which is unexpected. I'm wondering whether the sureg perhaps uses
concentrated log-likelihoods. The manual doesn't cover this, but does
anybody out there have any information, or a similar experience?
Casey Quinn
Centre for Health Economics
University of York
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