autoregressive conditional (ACD) duration models, which impose testable restrictions on the relation between the conditional …

sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We … estimate multi-spell duration models with selection on unobserved characteristics. We find that a vacancy referral increases …

sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We … estimate multi-spell duration models with selection on unobserved characteristics.We find that a vacancy referral increases the …

In finance, durations between successive transactions are usually modeled by the autoregressive conditional duration …

requires neither administrative data nor multiple measurements, but a correctly reported duration point and the presence of …

In this paper we revisit the notion that a single factor of duration running on single time scale is adequate to … capture the dynamics of the duration process of financial transaction data. The documented poor fit of the left tail of the … marginal distribution of the observed durations in some existing one-factor stochastic duration models may be indicative of the …

unemployment duration by 5.7 weeks (or 14%), implying an elasticity of 0.86. We find strong behavioral effects as the reform … reduced the expected unemployment duration right from the beginning of the unemployment spell. While the reform had no effect …

nor multiple measurements, but a correctly reported duration and the presence of some flat segments in the baseline hazard … which includes this correctly reported duration point. We establish the asymptotic properties of the maximum likelihood …