\Header{tobin}{Tobin's Tobit data}
\keyword{datasets}{tobin}
\begin{Description}\relax
Economists fit a parametric censored data model called the
`tobit'. These data are from Tobin's original paper.
\end{Description}
\begin{Usage}
\begin{verbatim}data(tobin)\end{verbatim}
\end{Usage}
\begin{Format}\relax
A data frame with 20 observations on the following 3 variables.
\describe{
\item[durable] Durable goods purchase
\item[age] Age in years
\item[quant] Liquidity ratio (x 1000)
}
\end{Format}
\begin{Source}\relax
J. Tobin, Estimation of relationships for limited dependent variables, Econometrica, v26, 24-36, 1958.
\end{Source}
\begin{Examples}
\begin{ExampleCode}
data(tobin)
tfit <- survreg(Surv(durable, durable>0, type='left') ~age + quant,
                data=tobin, dist='gaussian')

predict(tfit,type="response")

\end{ExampleCode}
\end{Examples}

