In this paper, we provide new evidence on how to model unemployment durations in the presence of temporary layoffs. Two different types of econometric models are used: the multiple phase duration model and the competing risks model. Special attention is paid to the possibility of time-varying or non-proportional effects of the explanatory variables on the hazard function. The results show that instead of using the multiple phase duration model as an alternative to the competing risks model, it may be more fruitful to use it to extend the specification of the competing risks model. Copyright Springer-Verlag Berlin Heidelberg 2003
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Volume (Year): 28 (2003) Issue (Month): 1 (January) Pages: 23-44 Download reference. The following formats are available: HTML
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Michael Rosholm & Michael Svarer & Bo Hammer, 2004.
"A Danish Profiling System,"
CAM Working Papers
2004-22, University of Copenhagen. Department of Economics. Centre for Applied Microeconometrics.
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