Hess, Wolfgang; Tutz, Gerhard; Gertheiss, Jan - In: Jahrbücher für Nationalökonomie und Statistik 236 (2016) 4, pp. 455-481
Abstract This paper proposes a discrete-time hazard regression approach based on the relation between hazard rate models and excess over threshold models, which are frequently encountered in extreme value modelling. The proposed duration model employs a flexible link function and incorporates...