Hello, I am trying to figure out what type of model to use and how to implement it. I have a binary Y (0 or 1), a variety of exogenous variables, and an ordinal endogenous variable. The endogenous ordinal variable has values from 1 to 4 and is based on a question asking people how much they agree with something from 1 to 4.
I am trying to mitigate endogeneity but don’t know which model to use or how to change the endogenous ordinal variable to fit a model. I have two valid instrumental variables for it.
Can I use IVPROBIT?
THANK YOU!
I am trying to mitigate endogeneity but don’t know which model to use or how to change the endogenous ordinal variable to fit a model. I have two valid instrumental variables for it.
Can I use IVPROBIT?
THANK YOU!
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