Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/20082 
Year of Publication: 
2003
Series/Report no.: 
IZA Discussion Papers No. 837
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
This article considers a wide class of censoring problems and presents a construction rule for an objective function. This objective function generalises the ordinary likelihood as well as particular ?likelihoods? used for estimation in several censoring models. Under regularity conditions the maximiser of this generalised likelihood has all the properties of a maximum likelihood estimator: it is consistent and the respective root-n estimator is asymptotically efficient and normally distributed.
Subjects: 
censored variables
M-estimation
multivariate methods
random censoring
generalised likelihood
JEL: 
C13
C24
Document Type: 
Working Paper

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