Dear all,
I'm looking to carry out a random-effects probit (as in xtprobit), where I want to constrain one coefficient to 1 (e.g. in xtprobit could do that by using "offset"), and instead I would like to estimate the variance of the normal distribution (as in hetprobit -- using offset in xtprobit keeps the variance at 1 as far as I can tell). Is there any chance I can tweak an existing Stata command to do that? Or maybe MLE is my best bet? Any thoughts would be greatly appreciated!
Thanks in advance!
Anja
I'm looking to carry out a random-effects probit (as in xtprobit), where I want to constrain one coefficient to 1 (e.g. in xtprobit could do that by using "offset"), and instead I would like to estimate the variance of the normal distribution (as in hetprobit -- using offset in xtprobit keeps the variance at 1 as far as I can tell). Is there any chance I can tweak an existing Stata command to do that? Or maybe MLE is my best bet? Any thoughts would be greatly appreciated!
Thanks in advance!
Anja
