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Bivariate duration data frequently arise in economics, biostatistics and other areas. In "bivariate frailty models", dependence between the frailties (i.e., unobserved determinants) induces dependence between the durations. Using notions of quadrant dependence, we study restrictions that this...
Persistent link: https://www.econbiz.de/10010339585
Bivariate duration data frequently arise in economics, biostatistics and other areas. In "bivariate frailty models", dependence between the frailties (i.e., unobserved determinants) induces dependence between the durations. Using notions of quadrant dependence, we study restrictions that this...
Persistent link: https://www.econbiz.de/10013055564
Persistent link: https://www.econbiz.de/10009688992
We introduce a dynamic treatment to the mixed proportional hazard competing risks model and allow for selection on unobservables. Our model can e.g. be used to evaluate the effect of benefit sanctions on the transition rate out of unemployment when more than one exit risk is of interest....
Persistent link: https://www.econbiz.de/10010310677
This note describes how the (single-spell) identification result of the timing-of-events model by Abbring and Van den Berg (2003b) can be extended to a model that accommodates several competing exit risks. The extended model can be used for example to distinguish between the different effects of...
Persistent link: https://www.econbiz.de/10010500332
In duration analysis, the Mixed Proportional Hazard model is the most common choice among practitioners for the specification of the underlying hazard rate. One major drawback of this model is that the value of the frailty term (i.e. unobserved factors) is time-invariant. This paper introduces a...
Persistent link: https://www.econbiz.de/10012963530
Persistent link: https://www.econbiz.de/10012919964
On October 23-24, 2018, the U.S. Federal Trade Commission (FTC) held hearings on intellectual property (IP) and innovation as part of its broader ongoing hearings on Competition and Consumer Protection in the 21st Century. The hearings focused on the role of IP protection in promoting...
Persistent link: https://www.econbiz.de/10012908609
In September 2020, the Antitrust Division of the U.S. Department of Justice (DOJ) supplemented and updated a Business Review Letter (BRL) that it had issued to the Institute of Electrical and Electronics Engineers Standards Association (IEEE-SA) in 2015, upon a much-debated change made by...
Persistent link: https://www.econbiz.de/10013232269
Persistent link: https://www.econbiz.de/10010226782