[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

From |
amatoallah ouchen <at.ouchen@gmail.com> |

To |
statalist@hsphsun2.harvard.edu, maartenbuis@yahoo.co.uk |

Subject |
Re: st: How to choose consistent starting values |

Date |
Tue, 1 Sep 2009 15:37:34 +0200 |

Good day Stata listers, Thanks a lot Professor Maarten for your deep reply, the tobit model with friction is based on the limited dependant variable (LDV) model of Tobin (1958) and Rosett (1959).I'm having the code in Gauss,and I'wanted to switch to stata because of those same starting points , but as I'm a newbie in sata I'couldn't do so, I've already posted a query about that in stata list , but no one seems to konw what I'm talking about, even in the stata press there is a lot about the other types of tobit model but nothing about the one i'm using. here is the model y*t = xtβ + εt · yt = y*t - α1 if y*t< α1 · yt=0 if α1< y*t< α2 · yt = y*t- α2 if y*t> α2 y*t is the latent variable with α1< 0 and α2>0 and ε i.i.d, residuals of the estimation with variance σj². The parameters β, α1 α2 and σ are solved by maximising a log-likelihood function. Ln L = ∑ ln (1/2πσj²)1/2 -∑(yjt+α1j-βjxt)²/2 σj² + t€ψ1 ∑ ln (1/2πσj²)1/2 -∑(yjt+α2j-βjxt)²/2 σj²+ t€ψ2 ∑ln[Ф((α2j-βjxt)/ σj)- Ф((α2j-βjxt)/ σj)] t€ψ3 As I've told you my principal problem is on how to find out consistent starting points, any help would be highly appreciated !!! * * For searches and help try: * http://www.stata.com/help.cgi?search * http://www.stata.com/support/statalist/faq * http://www.ats.ucla.edu/stat/stata/

**Follow-Ups**:**Re: st: How to choose consistent starting values***From:*Maarten buis <maartenbuis@yahoo.co.uk>

**References**:**Re: st: How to choose consistent starting values***From:*amatoallah ouchen <at.ouchen@gmail.com>

**Re: st: How to choose consistent starting values***From:*amatoallah ouchen <at.ouchen@gmail.com>

- Prev by Date:
**Re: st: How to choose consistent starting values** - Next by Date:
**Re: st: How to choose consistent starting values** - Previous by thread:
**Re: st: How to choose consistent starting values** - Next by thread:
**Re: st: How to choose consistent starting values** - Index(es):

© Copyright 1996–2017 StataCorp LLC | Terms of use | Privacy | Contact us | What's new | Site index |