Transition Models in a Non-Stationary Environment
- 1 November 1994
- journal article
- Published by JSTOR in The Review of Economics and Statistics
- Vol. 76 (4) , 703
- https://doi.org/10.2307/2109772
Abstract
An alternative form of the proportional hazard model is proposed. It allows one to introduce correlation between exit rates at the same (calendar) time for diff...Keywords
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