TY - JOUR
ID - st0426
A1 - Plum, A.
TI - bireprob: An estimator for bivariate random-effects probit models
JF - Stata Journal
PB - Stata Press
CY - College Station, TX
Y1 - 2016
VL - 16
IS - 1
SP - 96
EP - 111
KW - bireprob
KW - bivariate random-effects probit
KW - maximum simulated likelihood
KW - Halton draws
UR - http://www.stata-journal.com/article.html?article=st0426
L1 - http://www.stata-journal.com/sjpdf.html?article=st0426
AB - I present the bireprob command, which fits a bivariate random-effects
probit model. bireprob enables a researcher to estimate two (seemingly
unrelated) nonlinear processes and to control for interrelations between their
unobservables. The estimator uses quasirandom numbers (Halton draws) and
maximum simulated likelihood to estimate the correlation between the error
terms of both processes. The application of bireprob is illustrated in
two examples: the first one uses artificial data, and the second one uses real
data. Finally, in a simulation, the performance of the estimator is tested and
compared with the official Stata command xtprobit.
ER -