A Monte Carlo simulation study of Tobit models

This study focuses on a comparison of different kinds of Tobit models. According to the findings, a simple Tobit I method can produce results that are similar to and in some cases better than much more sophisticated methods. This is especially true if the participation or index equation is incorrect...

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	Applied Economics Letters 2001-09, Vol.8 (9), p.581-584
Hauptverfasser:	Flood, Lennart, Gråsjö, Urban
Format:	Artikel
Sprache:	eng
Schlagworte:	Applied economics Consumption Economic models Economics Microeconomics Modelling Monte Carlo simulation Nationalekonomi Statistical analysis
Online-Zugang:	Volltext
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