Simulated Maximum Likelihood Estimation in Transition Models

In this paper we analyse the problem of modelling individual transitions in the presence of an incomplete sampling scheme. This problem is particularly cumbersome when a continuous time-scale is used for the modelling and when the model incorporates unobserved heterogeneity. This problem arises, for...

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Bibliographic details
Volume: 1
Main Author: Kamionka, Thierry
Format: Journal Article
Language: English
Place of publication: Oxford, UK and Boston, USA Blackwell Publishers Ltd 01.06.1998
Blackwell Publishers Limited
Royal Economic Society
published in: The econometrics journal Vol. 1; no. 1; pp. 129 - 153
Data of publication: 1998-06
ISSN: 1368-4221
EISSN: 1368-423X
Discipline: Economics
Online Access: Fulltext
Database: Istex
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