INclude Tobit model

Tobit models allow modeling of the dependence of a non-negative variable with respect to an independent variable:

The non-negative variable can be a social benefit (housing benefit, child allowance, etc.), the independent variable can be the income, the family size, etc.

Useful for evaluating public policies: social expenses, tax benefits,etc.

  • Jacques Friggit
  • Mar 14 2018
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