Tobit and Heckman (Censored Data and Sample Selection) - R for Economists Moderate 8

This series of videos will serve as an introduction to the R statistics language, targeted at economists. In this video I cover how to perform a Tobit regression with censReg() and get its marginal effects with margEff(). We also cover how to perform a sample selection regression, or Heckman model, with selection(). Keep an eye out for the big ol' error when creating the censored data! Download the code from all my R videos at once at https://nickchk.com/R%20for%20Economists%20Code.zip You can find links to every video in the series here: http://nickchk.com/videos.html#rstats There are videos on: [BASIC] Getting Started, Getting Help, Objectives and Variables, Vectors and Matrices, Data Frames, Packages, Summary Statistics (of One and Two Variables), Plots and Graphs, and Linear Regression (OLS), [MODERATE] Regression Formulas, Robust or Clustered Standard Errors and Post-Regression Stats, Regression Plots, Instrumental Variables (IV Regression), Time Series, ARIMA and ARMA, Probit and Logit, Tobit and Heckman, Panel Data, and Missing Data, and [ADVANCED] Simulations, The Tidyverse, Reshape and Join/Merge, dplyr (Introduction, Piping, and Grouping), ggplot (Introduction, Geometries, Overlaid and Grouped Plots, and Titles and Labels), and vtable