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st: cmp vs cdsimeq to estimate simultaneous equation
From
"Singh, Harpreet" <[email protected]>
To
"[email protected]" <[email protected]>
Subject
st: cmp vs cdsimeq to estimate simultaneous equation
Date
Mon, 20 Jan 2014 06:03:15 +0000
I have system of equations in which one dependent variable is binary and other is continuous.
My equations are something like this :
Y2 = Y1 + X+Z1
Y1= Y2 +X +Z2
Here Y1 is continuous and Y2 is binary. Z1 and Z2 are instrument variables.
Shall I use cdsimeq or cmp to estimate these system of equations ?
I am getting different results with these two commands and not sure which one is better.
I will really appreciate any suggestions.
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