Abstract
The main goal of an Econometrics course is to prepare students for more advanced levels of study and make them able to cope with the empirical problems they are likely to face. In recent years, there has been a tendency to purge merely theoretical topics from the econometric textbooks by including only time honored methods. Survival analysis, however, has so far failed to attract the attention of textbook writers. I conjecture that the general perception of the issue as an advanced topic as well as software barriers have led to this attitude. In this study, I work out an Excel file to outline the fundamental concepts of duration analysis at an introductory level. The file so generated may also be used by practitioners in appropriate cases with minimal learning cost. As such, I hope to dissipate the myth of difficulty associated with this subject matter.
Highlights
INTRODUCTIONNotice that if we interpret the Applications in macroeconomics and finance are hazard function as the risk of an event occurring at any found in[36,37,38,39,40,41]
The undergraduate education aspires to equip of the duration analysis in business and economics as students with tools most needed to tackle real life well as in many other social sciences, even practitioners situations that students are likely to face upon assuming may benefit from the discussion and the technique positions in the post-graduate world
They mainly try to avoid being an encyclopedia of Econometrics, which may include any topic under the sun ever discussed in academic circles, but rather concentrate on those select issues based upon the criteria indicated above
Summary
Notice that if we interpret the Applications in macroeconomics and finance are hazard function as the risk of an event occurring at any found in[36,37,38,39,40,41] Another widely applied field is political time once time t is reached, the inverse of the hazard economy where the duration of tenure in a political office[42,43,44] or that of wars[45] are studied. To do justice to non-economics fields where function is: perhaps these techniques have found larger audiences, the reader is referred to[7] for Sociology,[1, 49] for Biometrics and Medical Sciences and[50] for Statistics applications of the duration analysis.
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
