Bhattacharjee, Arnab; Higson, Chris; Holly, Sean; … - Centre for Dynamic Macroeconomic Analysis, University … - 2007
, Macroeconomic Instability, Competing
Risks, Cox Proportional Hazards Model
JEL classification: E32, D21, C41, L16
1 … competingcausesoffailure,and (0;)=0;=
1. The Cox Proportional Hazards (PH) model provides a convenient
description oftheregression …