I am trying to establish a dynamic probit model with random effects using the xtpdyn command. However, I get multicollinearity. This is weird because the papers I am following are using the same explanatory variables as I am and it works for them Does anyone know what to do?
Thank you!
Links to papers:
https://www.researchgate.net/publica..._the_Euro_Area
https://kse.ua/wp-content/uploads/20...enko_final.pdf
https://eprints.lancs.ac.uk/id/eprin...s_etal2015.pdf
Link to code: https://www.researchgate.net/publica...ty_using_Stata
