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Flexible parametric estimation of duration and competing risk models

Han, Aaron, Hausman, Jerry A.·1990·Journal of Applied Econometrics

Abstract

In this paper we specify and estimate a flexible parametric proportional hazards model. The model specification is flexibly parametric in the sense that the baseline hazard is non parametric while the effect of the covariates takes a particular functional form. We also add parametric heterogeneity to the underlying hazard model specification. We specify a flexible parametric proportional competing risks model which permits unrestricted correlation among the risks. Unemployment duration data are then analysed using the flexible parametric duration and competing risks specifications. We find an important effect arising from the exhaustion of unemployment insurance and significantly different hazards for the two types of risks, new jobs and recalls.

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Metadata

Authors
Han, A., & Hausman, J. A.
Venue
Journal of Applied Econometrics
Publisher
Wiley
Published
1990-01
Volume
5
Issue
1
Pages
1-28
ISSN
  • 0883-7252 (ISSN-L)
  • 1099-1255
OpenAlex
W2069597205
Cited by
619
References
0
FWCI
5.11
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Flexible parametric estimation of duration and competing risk models. https://app.cochat.ai/papers/10.1002/jae.3950050102
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Han, A., & Hausman, J. A. (1990). Flexible parametric estimation of duration and competing risk models. Journal of Applied Econometrics. https://doi.org/10.1002/jae.3950050102

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.