Liu, Ruixuan - In: Quantitative economics : QE ; journal of the … 11 (2020) 2, pp. 535-577
This paper proposes a new bivariate competing risks model in which both durations are the first passage times of dependent Lévy subordinators with exponential thresholds and multiplicative covariates effects. Our specification extends the mixed proportional hazards model, as it allows for the...
