Work and Health after Retirement: A Competing Risks Model with Semiparametric Unobserved Heterogeneity
AbstractCompeting risks models recognize that there may be more than one exit from a given state, but they make the strong assumption that there is no correlation between unobserved heterogeneity components in each state. Here, a competing risks model that uses a semiparametric method of estimation and controls for the correlation between unobserved heterogeneity components in each state is compared with a traditional competing risks model of exit from retirement. The unobservable heterogeneity components of the competing risks are insignificantly positively correlated and the effects of policy-relevant variables are changed somewhat. Copyright 1989 by MIT Press.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by MIT Press in its journal Review of Economics & Statistics.
Volume (Year): 71 (1989)
Issue (Month): 1 (February)
Contact details of provider:
Web page: http://mitpress.mit.edu/journals/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Gordana Colby & Paul Rilstone, 2007. "Simplified estimation of multivariate duration models with unobserved heterogeneity," Computational Statistics, Springer, Springer, vol. 22(1), pages 17-29, April.
- Gerard J. van den Berg & Ton Steerneman, 1991.
"The Correlation of Durations in Multivariate Hazard Rate Models,"
Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science
960, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Van Den Berg, G.J. & Steerneman, T., 1991. "The Correlation of Durations in Multivariate Hazard Rate Models," Papers, Groningen State, Institute of Economic Research- 447, Groningen State, Institute of Economic Research-.
- Sloan, Frank A. & Picone, Gabriel A. & Taylor, Donald H., Jr. & Chou, Shin-Yi, 2000.
"Hospital Ownership and Cost and Quality of Care: Is There a Dime's Worth of Difference?,"
Working Papers, Duke University, Department of Economics
00-11, Duke University, Department of Economics.
- Sloan, Frank A. & Picone, Gabriel A. & TaylorJr., Donald H. & Chou, Shin-Yi, 2001. "Hospital ownership and cost and quality of care: is there a dime's worth of difference?," Journal of Health Economics, Elsevier, Elsevier, vol. 20(1), pages 1-21, January.
- Frank A. Sloan & Gabriel A. Picone & Donald H. Taylor, Jr. & Shin-Yi Chou, 1998. "Hospital Ownership and Cost and Quality of Care: Is There a Dime's Worth of Difference?," NBER Working Papers 6706, National Bureau of Economic Research, Inc.
- Raul Razo-Garcia, 2011. "The Duration of Intermediate Exchange Rate Regimes and Capital Controls," Carleton Economic Papers, Carleton University, Department of Economics 11-01, Carleton University, Department of Economics, revised 17 Oct 2011.
- Van den Berg, Gerard J., 2001.
"Duration models: specification, identification and multiple durations,"
Handbook of Econometrics, Elsevier,
in: J.J. Heckman & E.E. Leamer (ed.), Handbook of Econometrics, edition 1, volume 5, chapter 55, pages 3381-3460
- Van den Berg, Gerard J., 2000. "Duration Models: Specification, Identification, and Multiple Durations," MPRA Paper 9446, University Library of Munich, Germany.
- Steven Stern & Petra Todd, 2000. "A Test Of Lazear’S Mandatory Retirement Model," Virginia Economics Online Papers, University of Virginia, Department of Economics 391, University of Virginia, Department of Economics.
- van den Berg, Gerard J., 1997. "Association measures for durations in bivariate hazard rate models," Journal of Econometrics, Elsevier, Elsevier, vol. 79(2), pages 221-245, August.
- Chou, Shin-Yi, 2002. "Asymmetric information, ownership and quality of care: an empirical analysis of nursing homes," Journal of Health Economics, Elsevier, Elsevier, vol. 21(2), pages 293-311, March.
- van Ommeren, Jos & Rietveld, Piet & Nijkamp, Peter, 2002. "A bivariate duration model for job mobility of two-earner households," European Journal of Operational Research, Elsevier, Elsevier, vol. 137(3), pages 574-587, March.
- Gabriel Picone & R. Mark Wilson & Shin-Yi Chou, 2003. "Analysis of hospital length of stay and discharge destination using hazard functions with unmeasured heterogeneity," Health Economics, John Wiley & Sons, Ltd., John Wiley & Sons, Ltd., vol. 12(12), pages 1021-1034.
- Catherine Cazals, 1994. "La retraite dans les modèles d'offre de travail : un survol de la littérature," Économie et Prévision, Programme National Persée, Programme National Persée, vol. 115(4), pages 43-62.
- Richard V. Burkhauser & J.S. Butler & Yang-Woo Kim, 1996. "The timing of disability insurance application: a choice-based semiparametric hazard model," Working Papers, Federal Reserve Bank of St. Louis 1996-005, Federal Reserve Bank of St. Louis.
- Berg, G.J. & Lindeboom, M., 1994.
"Attrition in panel data and the estimation of dynamic labor market models,"
Serie Research Memoranda, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics
0022, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
- Berg, G.J. & Lindeboom, M., 1994. "Attrition in panel data and the estimation of dynamic labor market models," Serie Research Memoranda, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics 0022, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
- Teresa D. Harrison, 2007. "Consolidations and closures: an empirical analysis of exits from the hospital industry," Health Economics, John Wiley & Sons, Ltd., John Wiley & Sons, Ltd., vol. 16(5), pages 457-474.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Karie Kirkpatrick).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.