Marginal Effects for Competing Risks Models with Piecewise Constant Hazards
In the competing risks context, the effect of a covariate on the hazard function for a particular cause may be very different from its effect on the likelihood of exiting due to that cause. The latter probability is a function of all cause-specific hazards, and thereby potentially affected by indirect effects via hazards for competing causes. We consider the effects of covariates on the cumulative probability of exiting from a particular cause. These 'marginal effects' are decomposed into direct effects via the hazard of interest and indirect effects via the hazards for competing causes. For the piecewise constant hazard specification we derive simple closed-form expressions for the marginal effects that can be computed from the standard hazard function estimates. An empirical application illustrates that the marginal effects provide a useful and coherent way of summarizing the results of competing risks analysis. Copyright (c) Blackwell Publishing Ltd and the Department of Economics, University of Oxford, 2009.
If 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.
Volume (Year): 71 (2009)
Issue (Month): 4 (August)
|Contact details of provider:|| Postal: Manor Rd. Building, Oxford, OX1 3UQ|
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0305-9049
More information through EDIRC
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=0305-9049|