08-021/2 - Parameter Driven Multi-state Duration Models: Simulated vs. Approximate Maximum Likelihood Estimation

• Author
  André A. Monteiro, VU University Amsterdam, and University of Western Australia
• Publication date
  February 27, 2008

• Keywords
  Multi-state Duration models; Parameter Driven models; Simulated Maximum Likelihood; Importance Sampling
• JEL
  C15; C32; C33; C41