tobin                 package:Zelig                 R Documentation

_T_o_b_i_n'_s _T_o_b_i_t _D_a_t_a

_D_e_s_c_r_i_p_t_i_o_n:

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

_U_s_a_g_e:

     data(tobin)

_F_o_r_m_a_t:

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

     durable: Durable goods purchase

     age: Age in years

     quant: Liquidity ratio (x 1000)

_S_o_u_r_c_e:

     J. Tobin, Estimation of relationships for limited dependent
     variables, Econometrica, v26, 24-36, 1958.

