Censored Data Models

BOOK-CHAPTER

Year: 2018 The New Palgrave Dictionary of Economics Pages: 1459-1462

DOI: 10.1057/978-1-349-95189-5_314

Abstract

The censored normal regression model considered by Tobin (1958), also commonly known as the 'tobit' model, is the following:

Keywords:

Tobit model Censored regression model Econometrics Statistics Regression analysis Mathematics

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