Hello.
I am trying to estimate a switching probit using movestay. It converges with
the unweighted data, but it is not correct to use unweighted data. When I
try to do the same with the weighted data, and using different estimation
techniques, either I obtain a non-convergence diagnostic or one of the rho?s
comes out as a 1, which I suppose has the same meaning.
I would really appreciate a suggestion on what I should try or look for!
Paula Albuquerque
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