TY - JOUR
AU1 - Elbers,, Chris
AU2 - Ridder,, Geert
AB - Abstract Lancaster and Nickell (1980) have argued that in the proportional hazard model the effects of time dependence (true duration dependence) and unobserved sample heterogeneity (spurious duration dependence) cannot be distinguished. We show that both effects can be distinguished if the model allows for observed explanatory variables in the hazard. We also discuss the application of our result to practical situations. This content is only available as a PDF. © 1982 The Society for Economic Analysis Limited
TI - True and Spurious Duration Dependence: The Identifiability of the Proportional Hazard Model
JF - The Review of Economic Studies
DO - 10.2307/2297364
DA - 1982-07-01
UR - https://www.deepdyve.com/lp/oxford-university-press/true-and-spurious-duration-dependence-the-identifiability-of-the-x2sH3Oforg
SP - 403
EP - 409
VL - 49
IS - 3
DP - DeepDyve
ER -