eprintid: 16880 rev_number: 28 eprint_status: archive userid: 600 dir: disk0/00/01/68/80 datestamp: 2009-09-04 08:19:52 lastmod: 2015-07-23 09:37:24 status_changed: 2009-09-04 08:19:52 type: article metadata_visibility: show item_issues_count: 0 creators_name: Lee, S. creators_id: LSOKB93 title: Estimating panel data duration models with censored data ispublished: pub subjects: 12000 divisions: F24 abstract: This paper presents a method for estimating a class of panel data duration models, under which an unknown transformation of the duration variable is linearly related to the observed explanatory variables and the unobserved heterogeneity (or frailty) with completely known error distributions. This class of duration models includes a panel data proportional hazards model with fixed effects. The proposed estimator is shown to be n1/2-consistent and asymptotically normal with dependent right censoring. The paper provides some discussions on extending the estimator to the cases of longer panels and multiple states. Some Monte Carlo studies are carried out to illustrate the finite-sample performance of the new estimator. date: 2008-10 official_url: http://dx.doi.org/10.1017/S0266466608080493 vfaculties: VSHS oa_status: green language: eng primo: open primo_central: open_green doi: 10.1017/S0266466608080493 lyricists_name: Lee, S lyricists_id: LSOKB93 full_text_status: public publication: Econometric Theory volume: 24 number: 5 pagerange: 1254-1276 refereed: TRUE issn: 0266-4666 citation: Lee, S.; (2008) Estimating panel data duration models with censored data. Econometric Theory , 24 (5) pp. 1254-1276. 10.1017/S0266466608080493 <https://doi.org/10.1017/S0266466608080493>. Green open access document_url: https://discovery.ucl.ac.uk/id/eprint/16880/1/16880.pdf