hi
if you hear from others directly could i trouble you to share with me. i would like to make sure i am doing this the best way possible.
thanks so much for your help
srini
>>> [email protected] 5/5/2006 10:15 AM >>>
Hi,
I would like to estimate the amounts of rescheduled debt by debtors in three
stages
1)Get an IMF agreement (probit)
2)Conditional on 1), get the probability of getting a debt rescheduling
(probit/heckprob)
3)Conditional on 2), find how much debt is rescheduled. (OLS)
Now, how do I do that?
I know how to implement 2) conditional on 1). That's heckprob.
I know how to implement 3) conditional on 2). That's heckman.
But I don't know to deal with the three stages/double selection.
Thanks for your help.
Aurelie
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