Publications
Detailed Information
A Test of Heterogeneity in Constant Hazard Models Using Least Squares
Cited 0 time in
Web of Science
Cited 0 time in Scopus
- Authors
- Issue Date
- 1991-04
- Citation
- Seoul Journal of Economics, Vol.4 No.2, pp. 141-146
- Keywords
- constant hazard ; heterogeneity
- Abstract
- The presence of unmeasured heterogeneity can seriously bias inference in economic duration models. To detect the presence of heterogeneity in the hazard models of duration, the tests proposed in the past utilize cumbersome maximum likelihood procedures. This paper presents an alternative test assuming a constant hazard. Our diagnostic test is based on the least squares regression, and hence it is simple to implement.
- ISSN
- 1225-0279
- Language
- English
- Files in This Item:
Item View & Download Count
Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.