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st: difference between -heckman- and -treatreg-
Hi,
I was wondering if someone can explain the difference between how -heckman-
and -treatreg are estimated. I understand that analysts usually prefer
-heckman- for sample selection bias and -treatreg- for endogeneity bias.
But I was not sure how the two models are different computationally because
they both use hazard ratio (or inverse Mills). Is hazard ratio different
from IMR? Can anyone direct me to an article that explains the
computational and theoretical difference between the two models?
Thank you,
Shehzad
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