id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fsr-3403	Tao, Ran; Yuan, Yuan	The importance of debt for household risky asset allocation and portfolio structure	2018	20	.pdf	application/pdf	10236	502	58	Based on the prototypical Tobit model (Tobin, 1958) censoring from below at zero, where the latent variable y* is linear in regressors with additive error that is normally distributed and homoscedastic, y* can be expressed as y* � x�� � � (1) where the error term ��N The conditional means are given by E� y�x� � Pr�� � � x��� x�� � E���� � � x��� � � x��/ x�� � x��/ (6) where (.) and �(.) are the standard normal distribution pdf and cdf, respectively.	cache/fsr-3403.pdf	txt/fsr-3403.txt