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| tobin   | R Documentation   |
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Tobin's Tobit Data
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Description
~~~~~~~~~~~

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

Usage
~~~~~

::

    data(tobin)

Format
~~~~~~

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

durable: Durable goods purchase

age: Age in years

quant: Liquidity ratio (x 1000)

Source
~~~~~~

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