This paper analyzes the dynamics of the distributions of per capita Gross Domestic Product (GDP), the infant mortality rate, and the adult literacy rate across states in Mexico between 1994 and 2000. It analyzes the hypothesis of convergence to a common l

An important research question examined in the recent credit risk literature focuses on the proportion of corporate yield spreads which can be attributed to default risk. Past studies have verified that only a small fraction of the spreads can be explained by default risk. In this paper, we...

(english) In spite of its predominant economic weight in developing countries, little is known about informal sector income dynamics vis-à-vis the formal sector. The few works using household surveys to tackle this issue, mainly consider some emerging countries. As a matter of consequence,...

In this paper, per capita CO2 convergence among the EU-25 countries between 1920 and 2007 is analysed using the distribution dynamics approach. Furthermore, the analysis is complemented by investigating the asymptotic half-life of convergence, mobility indices and the continuous version of the...

The paper examines the application of semi-Markov models to the phenomenon of earthquakes in Tehran province. Generally, earthquakes are not independent of each other, and time and place of earthquakes are related to previous earthquakes; moreover, the time between earthquakes affects the...

Social exclusion can be defined as a process leading to a state of multiple functioning deprivations. Cross-sectional headcount ratios of social exclusion may overstate the extent of the problem if most individuals do not remain in the same state in successive years. To address this issue, we...