Hello Stata users,
I want to apply bivarite probit (as first stage) followed by OLS equation. In second stage, I want to include predicted probabilities and inverse mills ratio as regressor. I have formulated first stage using biprob as:
biprobit y1 y2 x1 x2 x3 x4, robust. Would someone help me to calculate inverse mills ratio after biprobit model in stata. I went through the statalist archive about this type of problem but couldnot get the appropriate answer. So, can anyone suggest me to handle my situation?
I really appreciate your time and contribution.
Thank You.
Regards,
Rhythm
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