Incorporating Time-Varying Covariates in a Simple Mixture Model for Discrete-Time Duration Data

A number of analysts have expressed a desire to incorporate the effects of time-varying covariates in the BG model. Unfortunately, it is not practical to do so. This note shows how such effects can be accommodated using a lesser-known model for discrete duration-time data which, for all intents and purposes, is identical to the BG.

Note [PDF (83k)]

Last updated: 2020-08-10