Lennart Flood and Urban Gråsjö ()
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Lennart Flood: Department of Economics, School of Economics and Commercial Law, Göteborg University, Postal: Department of Economics., School of Economics and Commercial Law, Göteborg University, Box 640, SE 405 30 GÖTEBORG
Urban Gråsjö: Department of Economics, School of Economics and Commercial Law, Göteborg University, Postal: Department of Economics., School of Economics and Commercial Law, Göteborg University, Box 640, SE 405 30 GÖTEBORG
Abstract: This study focuses on a comparison and evaluation of models and estimators appropriate for time-use data. The tobit type I as well as different generalizations are used. According to our findings, a simple tobit I method can produce results that are similar and in some cases even better to the much more sophisticated methods. This is especially true if the participation or index equation is incorrectly specified.
Keywords: Time use data; sample design; Monte Carlo; tobit; generalized tobit
17 pages, October 13, 1998
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