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Unobserved Heterogeneity in Multiple-Spell Multiple-States Duration Models
multiple spell multiple state duration mixed proportional hazard multistate model unobserved heterogeneity frailty
2012/10/26
In survival analysis a large literature using frailty models, or models with unobserved heterogeneity, exist. In the growing literate on multiple spell multiple states duration models, or multistate m...
Unobserved Heterogeneity and Risk in Wage Variance: Does Schooling Provide Earnings Insurance?
wage inequality wage uncertainty unobserved heterogeneity selectivity education replication
2012/11/1
We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We replicate the original study on US men and extend to US women, UK men and German men. ...