Bayesian Estimation of Cox Models with Non-Nested Random Effects: An Application to the Ratification of ILO Conventions by Developing Countries

Annales d’Economie et de Statistique, 2008, Issue 89

Banque de France Working Paper No. 249

35 Pages Posted: 22 Feb 2015

See all articles by Guillaume Horny

Guillaume Horny

Banque de France

Bernhard Boockmann

ZEW – Leibniz Centre for European Economic Research; Institute for Applied Economic Research (IAW); IZA Institute of Labor Economics

Dragana Djurdjevic

University of St. Gallen

Francois Laisney

ZEW – Leibniz Centre for European Economic Research

Multiple version iconThere are 3 versions of this paper

Date Written: August 25, 2009

Abstract

English Abstract: We use a multivariate hazard model to analyse the ratification behaviour of ILO conventions by developing countries. The model accounts for two random effects: one at the country level, the other at the convention level. After investigating identification, we use a semi-parametric Bayesian approach based on the partial likelihood. We find diverging results between Bayesian and frequentist estimates concerning the importance of the two unobserved heterogeneities.

Keywords: Gibbs sampling, partial likelihood, frailties, duration analysis

JEL Classification: C11, C14, C15, C41, D78, J80, O19

Suggested Citation

Horny, Guillaume and Boockmann, Bernhard and Djurdjevic, Dragana and Laisney, Francois, Bayesian Estimation of Cox Models with Non-Nested Random Effects: An Application to the Ratification of ILO Conventions by Developing Countries (August 25, 2009). Annales d’Economie et de Statistique, 2008, Issue 89; Banque de France Working Paper No. 249. Available at SSRN: https://ssrn.com/abstract=2567720

Guillaume Horny (Contact Author)

Banque de France ( email )

Paris
France

Bernhard Boockmann

ZEW – Leibniz Centre for European Economic Research ( email )

P.O. Box 10 34 43
L 7,1 D-68161 Mannheim
Germany
+621 1235 156 (Phone)
+621 1235 225 (Fax)

Institute for Applied Economic Research (IAW) ( email )

Ob dem Himmelreich 1
Tubingen, 72074
Germany

HOME PAGE: http://www.iaw.edu

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Dragana Djurdjevic

University of St. Gallen ( email )

Varnbuelstr. 14
Saint Gallen, St. Gallen CH-9000
Switzerland

Francois Laisney

ZEW – Leibniz Centre for European Economic Research ( email )

P.O. Box 10 34 43
L 7,1
D-68034 Mannheim, 68034
Germany

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