[Limdep Nlogit List] panel tobit model
ecptq at bath.ac.uk
ecptq at bath.ac.uk
Mon May 21 06:24:48 EST 2007
Hi, everyone,
I am running the random-effects tobit as follows:
tobit;lhs=body;rhs=one,X;pds=grpsize$
It comes the results with:
Error: 806: Line search does not improve fn. Exit iterations. Status=3
and the table shows iterations completed = 2.
Are the results of this random-effects tobit still reliable, and is
there anything I can do about it?
Thanks in advance.
--
Miss Tian Qiu
Department of Economics and International Development
University of Bath
Tel.: (01225) 384864
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