Kemp, Gordon CR (2000) When is a proportional hazards model valid for both stock and flow sampled duration data? Economics Letters, 69 (1). pp. 33-37. DOI https://doi.org/10.1016/s0165-1765(00)00273-1
Kemp, Gordon CR (2000) When is a proportional hazards model valid for both stock and flow sampled duration data? Economics Letters, 69 (1). pp. 33-37. DOI https://doi.org/10.1016/s0165-1765(00)00273-1
Kemp, Gordon CR (2000) When is a proportional hazards model valid for both stock and flow sampled duration data? Economics Letters, 69 (1). pp. 33-37. DOI https://doi.org/10.1016/s0165-1765(00)00273-1
Abstract
It is shown that if the flow-sampled total durations and stock-sampled elapsed durations from stationary renewal processes both exhibit proportional hazard rates and are continuous then they belong to the family of survival distributions with linear mean residual functions introduced by Hall and Wellner (1984) [Hall, W.J., Wellner, J.A., 1984. Mean residual life. In: Csörgö, M., Dawson, D.A., Rao, J.N.K., Saleh, A.K.M.E., (Eds.), Proceedings of the International Symposium on Statistics and Related Topics. North Holland, Amsterdam, pp. 169-184]. © Elsevier Science S.A.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | renewal processes; proportional hazards |
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Economics, Department of |
| SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
| Depositing User: | Unnamed user with email elements@essex.ac.uk |
| Date Deposited: | 17 Jul 2012 11:54 |
| Last Modified: | 04 Dec 2024 06:25 |
| URI: | http://repository.essex.ac.uk/id/eprint/2891 |