Hi,
I am estimation an IV ordered probit model. The first stage is continuous, the second is an ordered probit model. At the very end of the table, lnsig and atanhrho are listed. So far, i could not find out what they mean, and whether it is relevant for my estimation if they are not significant. Does anyone know more on these variables?
Thank you very much!
I am estimation an IV ordered probit model. The first stage is continuous, the second is an ordered probit model. At the very end of the table, lnsig and atanhrho are listed. So far, i could not find out what they mean, and whether it is relevant for my estimation if they are not significant. Does anyone know more on these variables?
Thank you very much!