Some statistical models for limited dependent variables with application to the demand for durable goods
Publication Source
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Econometrica
Journal article
Metadata
Region
The Americas
Economy status
High-income economies
Abstract
Several models for limited dependent variables (variables having a non-negligible probability of exactly equaling zero) are examined. Estimation in and discrimination among the various models are considered, followed by a small sampling experiment into the procedures and an example of their application.