Duration analysis has been widely used in the applied economic research since the late 1970s. The framework allows to examine the duration of time intervals and the rate of transition across a set of states over time. Many economic behaviors follow a similar pattern, such as transition from the...

This volume was prepared by Jens Ruhose while he was working at the Ifo Institute. It was completed in December 2014 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes four self-contained chapters that contribute to the understanding of the...