07 December 2018 1 5K Report

I'm trying to estimate a Multilevel Tobit Regression using Stata. Since fixed effects are not appropriate within Tobit, I tried to run a Tobit regression with random intercepts. In this case the error occurs: numerical overflow. initial values not feasible.

I already tried to downsize the metric variables and also the sample size (down to 2,819) but still the error occurs.

Can anyone help?

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