Bivariate alternatives to the Tobit model
type: Item
instance of: scholarly article
title: Bivariate alternatives to the Tobit model
zbMATH Open document ID: 0611.62146
DOI: 10.1016/0304-4076(87)90072-8
author: Richard Blundell
author: Costas Meghir
published in: Journal of Econometrics
publication date: 1987-01-01T00:00:00Z
review text: This paper discusses some generalizations of the tobit model that allow for distinct processes determining the censoring rule and the continuous observations. The effect of different behavioural assumptions on the econometric model are examined and the alternatives are contrasted. The paper concentrates on diagnostic tests for misspecification that are appropriate in each of our examples. These include tests of independence and normality. The empirical illustrations relate to household demand for clothing and to married women's labour supply. The data are drawn from the Family Expenditure Survey for 1981.
Mathematics Subject Classification ID: 62P20
zbMATH DE Number: 3988584
zbMATH Keywords: bivariate models
zbMATH Keywords: labour supply behaviour
zbMATH Keywords: generalizations of the tobit model
zbMATH Keywords: diagnostic tests for misspecification
zbMATH Keywords: independence
zbMATH Keywords: normality
MaRDI profile type: Publication
full work available at URL: 0304-4076(87)90072-8
OpenAlex ID: W1979076162
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description: scientific article; zbMATH DE number 3988584