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Survival models have become popular for credit risk estimation. Most current credit risk survival models use an underlying linear model. This is beneficial in terms of interpretability but is restrictive for real-life applications since it cannot discover hidden nonlinearities and interactions...
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Survival analysis is widely used in the fields of medical science, pharmaceutics, reliability and financial engineering, and many others to analyze positive random phenomena defined by event occurrences of particular interest. In the reliability field, we are concerned with the time to failure...
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Predictions of the individual unemployment duration will allow to distribute target support while searching for a job more effectively. The paper uses survival models to predict the unemployment duration based on data from Russian employment centers in 2017-2021. The dataset includes...
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