A note on binary choice duration models

C-Tier
Journal: Economics Letters
Year: 2009
Volume: 102
Issue: 1
Pages: 17-18

Authors (2)

Basu, Deepankar (not in RePEc) de Jong, Robert (Ohio State University)

Score contribution per author:

0.505 = (α=2.02 / 2 authors) × 0.5x C-tier

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

Abstract

We demonstrate that standard methods of asymptotic inference break down for a binary choice duration model in a time series setting. This is because the dependent variable has a degenerate limit distribution, which makes the asymptotic variance-covariance matrix singular.

Technical Details

RePEc Handle
repec:eee:ecolet:v:102:y:2009:i:1:p:17-18
Journal Field
General
Author Count
2
Added to Database
2026-01-25