Stewart, Jay - In: Journal of Economic and Social Measurement (2013) 3, pp. 263-290
. Because of the large number of zeros, Tobit would seem to be the natural approach. However, once it is recognized that these … of interest (typically much longer than a day), it is not clear that Tobit is appropriate. I examine the bias associated … examine the bias associated with three procedures that are commonly used to analyze time-diary data – Tobit, the Cragg [11 …