• Title of article

    EFFICIENT SEMIPARAMETRIC ESTIMATION OF DURATION MODELS WITH UNOBSERVED HETEROGENEITY

  • Author/Authors

    Peter Bearse، نويسنده , , José Canals-Cerd? and Paul Rilstone، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2007
  • Pages
    28
  • From page
    281
  • To page
    308
  • Abstract
    This paper develops a new semiparametric approach for the estimation of hazard functions in the presence of unobserved heterogeneity+ The hazard function is specified parametrically, whereas the distribution of the unobserved heterogeneity is indirectly estimated using the method of kernels+ The semiparametric efficiency bounds are derived+ The estimator obtains these bounds in large samples+
  • Journal title
    ECONOMETRIC THEORY
  • Serial Year
    2007
  • Journal title
    ECONOMETRIC THEORY
  • Record number

    707367