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We investigate whether education induces individuals to have healthy lifestyle. To test for causality we instrument education by high school availability and birth order using data of Korean men; to account for correlations among health behaviors, we estimate a quadvariate probit model using...
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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...
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The paper reviews four approaches (substitution (SUB), control function (CF), system reduced form (SRF) and artificial instrumental regressor (AIR)) dealing with endogenous regressors in censored response models, and compares them through a simulation. Based on mean-squared-error type criteria,...
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