1. Robust inference with clustered data / A. Colin Cameron and Douglas L. Miller -- 2. Efficient inference with poor instruments : a general framework / Bertille Antoine and Eric Renault -- 3. An information theoretic estimator for the mixed discrete choice model / Amos Golan and William H....

We use survival models to analyse the duration of the spells associated with the interest rate used by the Bank of Canada as its monetary policy instrument. Both nonparametric and parametric models are estimated, allowing for right-censoring of the data, and time-varying covariates. We find that...