Multivariate Tobit models estimated using German cross–sectional data are applied to test if strategic complementarities exist between expenditures in four different types of ICT–components. If two ICT–components are complements, they are correlated (provided that agents act rationally). My results are that significant correlations between all four types of ICT–expenditures indeed exist that ca...

This study examines whether the perceived boundary between in-role and extra-role behaviors varies depending on workplace conditions, emphasizing how interactional justice influences an employee’s role definitions. We collect data through a questionnaire survey and adopt Tobit regressions for hypothesis testing. The study results indicate that perceived interactional justice enlarges the breadt...

Intermarriage between a native and immigrant can affect the household’s supply of labor hours. Spouse selectivity on the basis of human capital, distribution of bargaining power, and labor supply coordination within the household can differ by type of marriage and gender of the immigrant—and, consequently, affect how spouses supply labor to the market. Using the 2010 American Community Survey, ...

Among the controversies arising from the 2000 Presidential election was the accusation that media networks called, or projected, a winner faster in those states won by Albert Gore than in those states won by George W. Bush. We investigate this accusation by estimating a Tobit model of the length of time between states’ poll closing times and the times at which CNN projected a winner. Our result...

Of twenty-three agricultural economics conjoint analyses conducted between 1990 and 2001, seventeen used interval-rating scales, with estimation procedures varying widely. This study tests cardinality assumptions in conjoint analysis when interval-rating scales are used, and tests whether the ordered probit or two-limit tobit model is the most valid. Results indicate that cardinality assumption...

Objective. This article reinvestigates the ‘‘catalytic’’ effects of IMF programs on investment controlling for the implementation of the program, allowing us to ascertain if capital markets respond to the mere announcement of a Fund program or its sustained positive implementation. Methods. Using a panel of data based on the experience of 106 developing countries entering Fund programs between ...

Generous health-insurance coverage may encourage hospitals to acquire and employ more advanced medical technologies. The authors examine the effects of Taiwan's 1995 implementation of National Health Insurance on technology adoption, ownership, and use by comparing changes in adoption, ownership, and use rates by private hospitals with changes by public nonteaching and public teaching hospitals...

This paper tries to explain why high inflation levels persist during long periods of time, in several countries affected by chronic inflation, without the necessary corrective measures being implemented. Political models of conflict explain these delays as the result of coordination problems caused by collective choice-making mechanisms. The empirical results of a tobit model estimated over a p...