Bettina Drepper () and Georgios Effraimidis
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Bettina Drepper: Department of Econometrics and OR, Postal: Tilburg University, The Netherlands
Georgios Effraimidis: COHERE, Postal: Department of Business and Economics, University of Southern Denmark
Abstract: The (single-spell) identification result of the timing-of-events model by Abbring and Van den Berg (2003b) is extended to a model with several competing exit risk equations. The extended model can be used for example to simultaneously identify the different effects a benefit sanction has on the rate to find work and the rate to leave the labor force. A flexible dependence structure between competing exit risks and the duration until entry into treatment accounts for selection effects caused by unobserved characteristics of the job searcher.
Keywords: Competing risks; Timing-of-events; Mixed proportional hazard model; Program evaluation; Unobserved heterogeneity; Identification
10 pages, March 1, 2016
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