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Residual analysis for censored duration data |
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| Authors: | Tony Lancaster Andrew Chesher |
| Institution: | University of Hull, Hull, HU6 7RX, UK;University of Bristol, Bristol, BS8 1HY, UK |
| Abstract: | In this note we show how residuals defined for right censored duration data, such as arise in, for example, labour market studies, feature in diagnostic statistics to detect omitted covariates and neglected heterogeneity. |
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