| tobin | R Documentation |
Economists fit a parametric censored data model called the ‘tobit’. These data are from Tobin's original paper.
data(tobin)
A data frame with 20 observations on the following 3 variables.
durable: Durable goods purchase
age: Age in years
quant: Liquidity ratio (x 1000)
J. Tobin, Estimation of relationships for limited dependent variables, Econometrica, v26, 24-36, 1958.