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st: Tobit with Mundlak effect


From   Elena Lagomarsino <[email protected]>
To   [email protected]
Subject   st: Tobit with Mundlak effect
Date   Wed, 07 Aug 2013 17:39:27 +0200

Hello Statalisters,
I'm replicating a paper by Brown S., Garino G. and Taylor K. (2013) "Household Debt and Attitudes towards Risk" where they use a Tobit random effect model with Mundlack fixed effects. They state that by including the mean of the time-varying determinants, the coefficients of the other regressors are approximately to the one of a standard fixed effect estimator. However, I read on the Stata help for xttobit that it doesn't exist a fixed effect tobit estimator. How should I interpret then the coefficient for the time-varying regressors?

Thank you for your consideration,
Elena


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