Praag, B M S van; Vermeulen, E M - In: Journal of Applied Econometrics 8 (1993) 4, pp. 383-95
This paper discusses some of the problems which are encountered if an event Y is only recorded if its value satisfies a recording criterion A. It follows that we get an incorrect idea of the frequency of the events and of its true distribution. In order to solve these problems, an econometric...