Hello,
I am trying to estimate the schooling decision in a 2-period model. In t=1, student decide whether to go to high school. In t=2, decide whether to go to college.
In the data set, there is one variable "school" which = 1 if student go to high school/college; and =0 if not for period 1; and =1 if student go to college, = 0 if not for period 2. Another variable is "period", which equals 1 for period 1, and equals 2 for period 2.
There are also other variables describing the "qualities" of students.
I need to estimate the utility from going to high school in period 1. But the problem is that the data set is not separated for two periods.
Then if I do regression: "logit school .....", then it will mess up both periods.
How can I estimate each period separately?
If any one has an idea, plz kindly let me know. Thanks a lot!
I am trying to estimate the schooling decision in a 2-period model. In t=1, student decide whether to go to high school. In t=2, decide whether to go to college.
In the data set, there is one variable "school" which = 1 if student go to high school/college; and =0 if not for period 1; and =1 if student go to college, = 0 if not for period 2. Another variable is "period", which equals 1 for period 1, and equals 2 for period 2.
There are also other variables describing the "qualities" of students.
I need to estimate the utility from going to high school in period 1. But the problem is that the data set is not separated for two periods.
Then if I do regression: "logit school .....", then it will mess up both periods.
How can I estimate each period separately?
If any one has an idea, plz kindly let me know. Thanks a lot!
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