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A simple microeconomic foundation for a Tobit model of consumer demand

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  • Solon, Gary

Abstract

A simple microeconomic foundation is provided for a Tobit model of consumer demand subject to corner solutions.

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  • Solon, Gary, 2010. "A simple microeconomic foundation for a Tobit model of consumer demand," Economics Letters, Elsevier, vol. 106(2), pages 131-132, February.
    • Handle: RePEc:eee:ecolet:v:106:y:2010:i:2:p:131-132
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    References listed on IDEAS

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    1. Smith, Richard J & Blundell, Richard W, 1986. "An Exogeneity Test for a Simultaneous Equation Tobit Model with an Application to Labor Supply," Econometrica, Econometric Society, vol. 54(3), pages 679-685, May.
    2. Cragg, John G, 1971. "Some Statistical Models for Limited Dependent Variables with Application to the Demand for Durable Goods," Econometrica, Econometric Society, vol. 39(5), pages 829-844, September.
    3. Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762, January.
    4. Cogan, John F, 1981. "Fixed Costs and Labor Supply," Econometrica, Econometric Society, vol. 49(4), pages 945-963, June.
    5. Chihwa Kao & Lung-fei Lee & Mark M. Pitt, 2001. "Simulated Maximum Likelihood Estimation of the Linear Expenditure System with Binding Non-Negativity Constraints," Annals of Economics and Finance, Society for AEF, vol. 2(1), pages 215-235, May.
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    Cited by:

    1. Katie Vinopal & Seth Gershenson, 2017. "Re-Conceptualizing Gaps by Socioeconomic Status in Parental Time with Children," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 133(2), pages 623-643, September.
    2. Prinz, Aloys & Bünger, Björn, 2012. "Balancing ‘full life’: An economic approach to the route to happiness," Journal of Economic Psychology, Elsevier, vol. 33(1), pages 58-70.
    3. Panzone, Luca & Hilton, Denis & Sale, Laura & Cohen, Doron, 2016. "Socio-demographics, implicit attitudes, explicit attitudes, and sustainable consumption in supermarket shopping," Journal of Economic Psychology, Elsevier, vol. 55(C), pages 77-95.

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