Kang, Changhui; Lee, Myoung-jae - In: Pacific Economic Review 19 (2014) 4, pp. 502-530
This paper reviews six approaches to binary response (y<sub>1</sub>) structural forms with an endogenous regressor y<sub>2</sub>: (i) the two-stage least squares estimator-like substitution approach, (ii) the control function approach, (iii) the system reduced-form approach, (iv) the artificial instrumental regressor...