For the model specified in the preceding problem, write down the log-likelihood function for each model in
Question:
For the model specified in the preceding problem, write down the log-likelihood function for each model in terms of hazard rates and integrated hazard rates, if both \(T\) and \(\delta\) are observed. Examine the information matrix of the parameters, and show that all the parameters are locally identified because it is nonsingular.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Microeconometrics Methods And Applications
ISBN: 9780521848053
1st Edition
Authors: A.Colin Cameron, Pravin K. Trivedi
Question Posted: