I am uncertain as to when IV probit is more appropriate rather than bivariate probit, and vice versa.
Can anyone enlighten me?
Thanks.
Kind regards
Martin Watts
Martin J. Watts
Associate Professor of Economics
School of Economics, Politics and Tourism
Faculty of Business and Law
Research Associate
Centre of Full Employment and Equity (CofFEE)
The University of Newcastle
NSW 2308
Australia
[email protected]
http://e1.newcastle.edu.au/coffee/
Phone (61)2 4921-5069 (Work)
Fax (61)2 4921-6919 (Work)
Mobile: 0 414 966 751
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