Stewart, Jay - Institute for the Study of Labor (IZA) - 2009
-diary data – Tobit, the Cragg (1971) two-part model, and OLS – under a number of alternative assumptions about the data … Tobit would seem to be the natural approach. However, it is important to recognize that the zeros in time-use data arise … much longer. Thus it is not clear that Tobit is appropriate. In this study, I examine the bias associated with alternative …