Am 02.11.2020 um 11:11 schrieb Riccardo (Jack) Lucchetti:
On Sun, 1 Nov 2020, Allin Cottrell wrote:
release. By the way, it's not even entirely clear to me whether
test is invalid or not in the context of QMLE estimation (although I
suspect it is).
So I guess that, for now, it's enough to add a cautionary note to the
biprobit docs, and we can modify it as needed later on, when we provide
an independence test that is asymptotically valid even for QMLE
estimation. I'll do this later today.
I think it wouldn't hurt to print the cautionary note also in the
output. (For the robust case I mean.)
And in general I think a tracker ticket should be created for this so it
won't be forgotten.