The Econometric Analysis of Transition Data

Front Cover
Cambridge University Press, 1990 - Business & Economics - 352 pages
1 Review
Reviews aren't verified, but Google checks for and removes fake content when it's identified
This book presents statistical methods for analysis of the duration of events. The primary focus is on models for single-spell data, events in which individual agents are observed for a single duration. Some attention is also given to multiple-spell data. The first part of the book covers model specification, including both structural and reduced form models and models with and without neglected heterogeneity. The book next deals with likelihood based inference about such models, with sections on full and semiparametric specification. A final section treats graphical and numerical methods of specification testing. This is the first published exposition of current econometric methods for the study of duration data.
 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

Covariates and the Hazard Function
21
Mixture Models
58
Some Important Processes
83
Renewal Processes
97
Multiple Destinations
106
The Wiener Process as a Duration Model
118
A ThreeState Model of Optimal Participation
128
A NonStationary Model
136
Other SingleCycle Sampling Schemes
183
Unmeasured Heterogeneity in SingleCycle Data
194
Multiple CycleFlow Data
208
Other MultipleCycle Sampling Schemes
215
Limited Information Inference
233
Misspecification Analysis
294
Residual Analysis
306
The Gamma Function and Distribution
327

Identifiability Issues
145
Fully Parametric Inference
157
62
177
Bibliography
333
Index
349
Copyright

Other editions - View all

Common terms and phrases

Bibliographic information