@ARTICLE{Honore90,
author =       {Honore, Bo E.},
title =        {Simple Estimation of a Duration Model with Unobserved Heterogeneity},
journal =      {Econometrica},
year =         {1990},
volume =       {58},
number =       {2},
pages =        {453-73},
month =        {March},
note =         {},
abstract =     {This paper presents a simple estimator of the shape parameter in a Weibull duration model with unobserved heterogeneity. The estimator is consistent and asymptotically normal under mild conditions, and a consistent estimator of the asymptotic variance is available.  A Monte Carlo study indicates that the asymptotic distribution of the estimator provides a good approximation to the finite sample distribution. The estimation strategy can be extended to a model with regressors and to a log-logistic model with unobserved heterogeneity. The advantages of the estimator are that it is easy to calculate and that its asymptotic distribution can be derived.},
keywords =     {Distributed Correlated Disturbance Terms and Inferential Problems in Single Equation Models},
source =       {},
file = F
}