Show that the duration data model with Pareto density of the first kind f ( t )

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Show that the duration data model with Pareto density of the first kind f(t)=αkα/tα+1,α>0,tk0, is an accelerated failure time duration model but is not a proportional hazards model. [Show that In t can be expressed as a linear regression in k=exp(xβ) with an additive homoskedastic error.] 

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Microeconometrics Methods And Applications

ISBN: 9780521848053

1st Edition

Authors: A.Colin Cameron, Pravin K. Trivedi

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