Econometrics for Ph.D. students: 8 Censoring and truncation

This video is part of the course Econometrics 2 for Research Master students at Tilburg University. This video is about censoring and truncation. I discuss the type 1 and 2 tobit model, the Heckman correction, and some semiparametric generalisations, as discussed by Melenberg and van Soest (1996).