Construct · 1 fields · 1 citations

Tobit model: a standalone construct

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Econometrics

a regression for outcomes piled up at a limit such as zero, modeling a latent variable that is observed only above the limit.

In econometrics, Tobit model refers to a regression for outcomes piled up at a limit such as zero, modeling a latent variable that is observed only above the limit. This meaning comes from Tobin (1958) in Econometrica.[1]

Unit
Recovery means
Measured by

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Nearby constructs

ceiling4 fields · 8 citationsjingle · one word, four constructs latent4 fields · 6 citationsjingle · one word, four constructs limit3 fields · 3 citationsjingle · one word, three constructs

References

Tobin, J. (1958). Estimation of Relationships for Limited Dependent Variables. Econometrica, 26(1), 24. https://doi.org/10.2307/1907382

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