Fixed effects maximum likelihood estimation of a flexibly parametric proportional hazard model with an application to job exits

C-Tier
Journal: Economics Letters
Year: 2012
Volume: 116
Issue: 2
Pages: 236-239

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We extend the fixed effects maximum likelihood estimator to a proportional hazard model with a flexibly parametric baseline hazard. We use the method to estimate a job duration model for young men, and show that failure to account for unobserved fixed effects causes negative schooling and union effects to be downward biased.

Technical Details

RePEc Handle
repec:eee:ecolet:v:116:y:2012:i:2:p:236-239
Journal Field
General
Author Count
2
Added to Database
2026-01-25