Bayesian semiparametric estimation of di
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Michele Campolieti
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Article
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2001
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John Wiley and Sons
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English
β 151 KB
## Abstract This paper proposes a Bayesian estimator for a discrete time duration model which incorporates a nonβparametric specification of the unobserved heterogeneity distribution, through the use of a Dirichlet process prior. This estimator offers distinct advantages over the Nonparametric Maxi