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st: biprobit with endogenous binary
For Luca Tiberti:
Good Day!
I have a similar system of equations:
y1=x1+x2
y2=y1+x3+x4
where y1 and y2 are both binary variables and, in particular, y1 is in
y2 an endogenous regressor and y2 is the main outcome variable. My
question is whether biprobit is the right command to instrument y1. I
think yes, but I am not sure.
Thank you very much,
Luca
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