tobin: Tobin's Tobit data

Description Usage Format Source Examples

Description

Economists fit a parametric censored data model called the ‘tobit’. These data are from Tobin's original paper.

Usage

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tobin
data(tobin, package="survival")

Format

A data frame with 20 observations on the following 3 variables.

durable

Durable goods purchase

age

Age in years

quant

Liquidity ratio (x 1000)

Source

J Tobin (1958), Estimation of relationships for limited dependent variables. Econometrica 26, 24–36.

Examples

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tfit <- survreg(Surv(durable, durable>0, type='left') ~age + quant,
                data=tobin, dist='gaussian')

predict(tfit,type="response")

survival documentation built on Aug. 24, 2021, 5:06 p.m.