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Title: Fixed Effects Maximum Likelihood Estimation of a Flexibly Parametric Proportional Hazard Model with an Application to Job Exits
Resulting in 1 citation.
1. Light, Audrey L.
Omori, Yoshiaki
Fixed Effects Maximum Likelihood Estimation of a Flexibly Parametric Proportional Hazard Model with an Application to Job Exits
Economics Letters 116,2 (August 2012): 236-239.
Also: http://www.sciencedirect.com/science/article/pii/S0165176512000869
Cohort(s): NLSY79
Publisher: Elsevier
Keyword(s): Education; Employment; Job Tenure; Job Turnover; Mobility, Job; Modeling, Hazard/Event History/Survival/Duration

We extend the fixed effects maximum likelihood estimator to a proportional hazard model with a flexibly parametric baseline hazard. We use the method to estimate a job duration model for young men, and show that failure to account for unobserved fixed effects causes negative schooling and union effects to be downward biased.
Bibliography Citation
Light, Audrey L. and Yoshiaki Omori. "Fixed Effects Maximum Likelihood Estimation of a Flexibly Parametric Proportional Hazard Model with an Application to Job Exits." Economics Letters 116,2 (August 2012): 236-239.