Su, Shew-Jiuan B; Yen, Steven T - In: Empirical Economics 21 (1996) 4, pp. 513-33
The double-hurdle and infrequency-of-purchase models are generalized with the inverse hyperbolic sine transformation in the dependent variable. The resulting specifications feature more flexible parameterization and error distributions than the untransformed models. Using the 1987-88 Nationwide...