The Cox proportional hazards model has become the most widely used procedure in survivalanalysis. The theoretical basis of the original model has been developed in various exten-sions. In the recent years, vital research has been undertaken involving the incorporation ofrandom effects to...

The Cox proportional hazards model has become the most widely used procedure in survivalanalysis. The theoretical basis of the original model has been developed in various exten-sions. In the recent years, vital research has been undertaken involving the incorporation ofrandom effects to...

This paper investigates whether three microeconomic loan characteristics are sources of loan default clustering in the Mexican banking sector by employing survival analysis with frailty. Using a large sample of bank loan level data granted to micro, small and medium sized firms from January 2010...

This paper investigates whether three microeconomic loan characteristics are sources of loan default clustering in the Mexican banking sector by employing survival analysis with frailty. Using a large sample of bank loan level data granted to micro, small and medium sized firms from January 2010...

The analysis of recurrent event times faces three challenges: betweensubject heterogeneity (frailty), within-subject event dependence, and the possibility of a cured fraction. Frailty can be handled by including a latent random-effects term in a Cox-type model. Event dependence may be considered...