The estimation of empirical models is essential to public policy analysis and social science research. Ordinary Least Squares (OLS) regression analysis is the most frequently used empirical model, and ...
In simultaneous systems of equations, endogenous variables are determined jointly rather than sequentially. Consider the following demand and supply functions for some product: In this system, ...
The purpose of this article is to inform criminological researchers about tobit regression, an alternative regression model that deserves more attention in this field. Tobit regression is intended for ...
Intuition suggests that altering the covariance structure of a parametric model for repeated-measures data alters the variances of the model's estimated mean parameters. The purpose of this article is ...