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diametrically opposed results, as shown in a standard Tobit model example. In a generalized Tobit application exploring the effect …
Persistent link: https://www.econbiz.de/10008693483
outcomes ; causality ; conditional-on-positives effect ; Tobit ; two-part model ; country margins of trade … diametrically opposed results, as shown in a standard Tobit model example. In a generalized Tobit application exploring the effect …
Persistent link: https://www.econbiz.de/10008702291
This note proposes a new decomposition of average treatment effects on nonnegative outcomes. It represents the total effect as a population-weighted sum of the effects for two groups: those induced to participate by the treatment and those participating regardless of it. The usual decomposition...
Persistent link: https://www.econbiz.de/10011009926
The aim of this paper is two-fold: (a) to establish a 'map' for describing the wide class of Limited Dependent Variables (LDV) univariate and multivariate models in the econometric literature and (b) to localize typical models in this tradition within the structure, extending typologies of...
Persistent link: https://www.econbiz.de/10010330257
The aim of this paper is two-fold: (a) to establish a ‘map’ for describing the wide class of Limited Dependent Variables (LDV) univariate and multivariate models in the econometric literature and (b) to localize typical models in this tradition within the structure, extending typologies of...
Persistent link: https://www.econbiz.de/10009293644
. 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 …
Persistent link: https://www.econbiz.de/10010840033
This study focuses on a comparison and evaluation of models and estimators appropriate for time-use data. The tobit … type I as well as different generalizations are used. According to our findings, a simple tobit I method can produce …
Persistent link: https://www.econbiz.de/10005651743
When a survey response mechanism depends on the variable of interest measured within the same survey and observed for only part of the sample, the situation is one of nonignorable nonresponse. Ignoring the nonresponse is likely to generate significant bias in the estimates. To solve this, one...
Persistent link: https://www.econbiz.de/10010321608
The aim of this paper is two-fold: (a) to establish a ‘map’ for describing the wide class of Limited Dependent Variables (LDV) univariate and multivariate models in the econometric literature and (b) to localize typical models in this tradition within the structure, extending typologies of...
Persistent link: https://www.econbiz.de/10009154852
Markov models introduce persistence in the mixture distribution. In time series analysis, the mixture components relate to different persistent states characterizing the state-specific time series process. Model specification is discussed in a general form. Emphasis is put on the functional form...
Persistent link: https://www.econbiz.de/10011538665