presence of duration dependence in the respective phases of expansion and contraction. A duration dependent Markov … last three decades and the presence of positive duration dependence in contractions, but not in expansions …

market index, in this paper we revisit the duration dependence in bull and bear markets. We find that for both bull and bear … markets the duration dependence is a nonlinear function of the state age. Our results suggest that the duration dependence in … bear markets is strictly positive. For 93% of bull markets the duration dependence is also positive. Only about 7% of the …

have been developed for modeling duration processes in intra-day financial markets. The model portfolio encompasses various … variants of the Autoregressive Conditional Duration (ACD) model and recently proposed dynamic factor models. The evaluation is … show that simpler approaches perform at least as well as more complex methods. With respect to modeling trade duration …

presence of duration dependence in bull and bear markets. A duration-dependent Markov-switching model is estimated over monthly … identified during that period, as well as the presence of positive duration dependence in bear but not in bull markets. …

presence of duration dependence in bull and bear markets. A duration dependent Markov-switching model is estimated over monthly … that period, as well as the presence of positive duration dependence in bear but not in bull markets. …

presence of duration dependence in bull and bear markets. A duration dependent Markov-switching model is estimated over monthly … that period, as well as the presence of positive duration dependence in bear but not in bull markets. …

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

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 …

We consider the problem of assessing the effects of a treatment on duration outcomes using data from a randomized … duration outcome, and noncompliance with the assigned treatment. Ignoring any of these issues could yield biased estimates of … duration. Our estimated bounds suggest that JC participation may increase the average duration of the last complete employment …