This course, presented by Dr. Jeffrey Wooldridge, will summarize different methods for modeling response variables that are continuous over a wide range of values but also pile up at one or more focal points (corners). Examples include variables that are nonnegative and take on the value zero for a nontrivial fraction of the population (such as charitable contributions) and fractional responses that may take on the values zero and/or one with positive probability. In addition to summarizing the pros and cons of linear models, we will cover Tobit models - without and with endogenous explanatory variables - as well as two-part or hurdle models. Applications to charitable contributions and labor supply will be illustrated using STATA. Registration begins February 1, 2010. Please visit www.cstat.msu.edu to enroll.

Location:	106B Wells Hall [map]
Price:	Free to Graduate Students, Faculty and Research Staff
Sponsor:	public
Contact:	Brian Silver cstatinf@msu.edu 517-353-9288
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