Sieve maximum likelihood estimation of the spatial autoregressive Tobit model
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Econometrics"
DOI: 10.1016/j.jeconom.2017.10.008
Abstract: Abstract This paper extends the ML estimation of a spatial autoregressive Tobit model under normal disturbances in Xu and Lee (2015b, Journal of Econometrics) to distribution-free estimation. We examine the sieve MLE of the model,… read more here.
Keywords: autoregressive tobit; tobit; tobit model; spatial autoregressive ... See more keywords
Generalized Tobit models: diagnostics and application in econometrics
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Applied Statistics"
DOI: 10.1080/02664763.2016.1268572
Abstract: ABSTRACT The standard Tobit model is constructed under the assumption of a normal distribution and has been widely applied in econometrics. Atypical/extreme data have a harmful effect on the maximum likelihood estimates of the standard… read more here.
Keywords: methodology; student; tobit; tobit model ... See more keywords