Dear all, I want to estimate a model in which individuals self-select into two different actions (e.g. invest or not invest). Moreover, the factors that influence the selection decision also affect the ultimate outcome variable (e.g. return on investment). That is, I want to estimate a model with endogenous selection.
My question is: Which R package supports this kind of estimation? To me it seems like the package sampleSelection (https://cran.r-project.org/web/packages/sampleSelection/sampleSelection.pdf ) can only be used in case of a SAMPLE selection, i.e. in the example above: only individuals that invest are observed. Yet in my case, both actions are observed but the decision which action to choose is endogenous. Or does this package also support self-selection models? Thank you very much in advance. Best, Johannes ______________________________________________ R-help@r-project.org mailing list -- To UNSUBSCRIBE and more, see https://stat.ethz.ch/mailman/listinfo/r-help PLEASE do read the posting guide http://www.R-project.org/posting-guide.html and provide commented, minimal, self-contained, reproducible code.
