Notice: On April 23, 2014, Statalist moved from an email list to a forum, based at statalist.org.
From | "Dimitriy V. Masterov" <dvmaster@gmail.com> |
To | Statalist <statalist@hsphsun2.harvard.edu> |
Subject | st: ivpois with a binary endogenous predictor |
Date | Thu, 20 Sep 2012 18:31:33 -0700 |
I would like to estimate the effect of an endogenous binary variable (x) on expenditure and/or transactions (y), which have a fair amount of zeros (~12%) and a long right tail. I have a continuous instrument (z). I was hoping to use the Austin Nichols' -ivpois- command to do this. Are there any econometric issues with the first stage being very different beast from the outcome equation? How does this issue interact with doing the diagnostics by hand, like the Hausman endogeniety test using the residuals? Are there better ways to tackle this problem? DVM * * For searches and help try: * http://www.stata.com/help.cgi?search * http://www.stata.com/support/statalist/faq * http://www.ats.ucla.edu/stat/stata/