Which model to choose

[Andres Vasquez]

Hello
Im doing my research aiming to study the effects of different demographics on the Self employment. That said, my dependet variable is self employed, a dummy that takes value "1" if the individual is a self employed "0" if not. I wonder which would be the best model in order to continue my research. Should it be Poisson? Logit? Monte Carlo?. I just have those ideas due to the type of mi dependent variable

Thanks in advance
Anny comment or idea is more than welcome

[Joro Kolev]

You should use Probit or Logit.