Dear R users,
I had a research question which involves a simultaneous equation system, one
is the common continuous dependent variable, y1, say wage, or log wage,
another one is a latent variable, y*, which I only observe up to a ordinal
scale, say attitudes toward a problem, taking values as y2= 1, 2, 3 or 4.
Both of them have other exogeneious variables. I have been search on
internet for quite a while trying to locate a package in R that can do the
job. I am wondering whether anyone can help me and provide some info about
what package can be used to solve this problem? Thanks so much.
Best,
Jason ZHENG
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