Files

Action Filename Size Access Description License
Show more files...

Abstract

This paper estimates a multivariate Tobit system of monthly wholesale dairy prices where 4 prices are lower censored by the dairy price support program. Using Maximum Simulated Likelihood (MSL) we test/correct for the effects of simulation noise and discuss the relevance of estimating multivariate versus the single Tobit equations.

Details

Preview

Downloads Statistics

from
to
Download Full History