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Counterfactual Inference in Duration Models with Random Censoring

Jiun-Hua Su

arXiv 22 Feb 2019 · Econometrics

arXiv:1902.08502 · PDF · DOI · OpenAlex · Extracted main text

Abstract

We propose a counterfactual Kaplan-Meier estimator that incorporates exogenous covariates and unobserved heterogeneity of unrestricted dimensionality in duration models with random censoring. Under some regularity conditions, we establish the joint weak convergence of the proposed counterfactual estimator and the unconditional Kaplan-Meier (1958) estimator. Applying the functional delta method, we make inference on the cumulative hazard policy effect, that is, the change of duration dependence in response to a counterfactual policy. We also evaluate the finite sample performance of the proposed counterfactual estimation method in a Monte Carlo study.

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Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Rothe, C (2010) Nonparametric Estimation of Distributional Policy Effects1.000104100%
2Beran, R (1981) Nonparametric Regression with Randomly Censored Survival Data, Technical report, University of California, Berkeley0.87462100%
3Iglesias-Pérez, C. and W. González-Manteiga (1999) Strong Representation of a Generalized Product-Limit Estimator for Truncated and Censored Data with Some Applications0.87452100%
4Kaplan, E. L. and P. Meier (1958) Nonparametric Estimation from Incomplete Observations0.84333100%
5Dabrowska, D. M (1989) Uniform Consistency of the Kernel Conditional Kaplan-Meier Estimate0.73732100%
6Lancaster, T (1992) The Econometric Analysis of Transition Data0.73732100%
7Sant'Anna, P. H. C (2016) Program Evaluation with Right-Censored Data, Working paper, Vanderbilt University0.73732100%
8Liang, H.-Y., J. de Uña-Álvarez, and M. d. C. Iglesias-Pérez (2012) Asymptotic Properties of Conditional Distribution Estimator with Truncated, Censored and Dependent Data0.6936250%
9Fortin, N., T. Lemieux, and S. Firpo (2011) Decomposition Methods in Economics, in0.64422100%
10García-Suaza, A (2016) Oaxaca-Blinder Type Counterfactual Decomposition Methods for Duration Outcomes, Working paper, Universidad del Rosario0.64422100%

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