The mortality of German joint stock companies is investigated using life table techniques. An EDB-distribution or Hjorth-distribution and an exponential distribution are fitted to the hazard rates, whereby the population is divided into small and large firms. Survivor functions and life...

This paper proposes a dichotomous choice model that is based on a transformed beta (or "z") distribution. This model, called betit, nests both logit and probit and allows for various skewed and peaked disturbance densities. Because the shape of this density affects the estimated relation between...