Dear Stata-listers,
does anyone know whether it is possible to use the discrete duration data
model command "pgmhaz" in the multiple failure case?
Specifically, my study is concerned with the analysis of the sustainability
of exchange rate based stabilization programs (currency pegs). Data are in
country-years
and most of the 49 countries in the sample have undergone several exchange
rate based stabilization programs. Thus, my data are clearly discrete, but I
have multiple failures for each country since several failures (here:
speculative attacks) can occur for each country during the observation
period (1975-2000).
Many thanks
Ralph
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