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Previous studies have found that self-employed workers with long business tenure earn less than other workers with similar characteristics. This difference in earnings can be explained by the compensating wage differential theory when self-employed jobs have attractive non-earnings aspects....
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This paper provides characterizations of a family of distributions in the context of reliability theory placing emphasis on a particular family member, the Yule distribution. In particular, it is shown that the distribution of a non-negative, integer-valued random variable X with E(X)+∞ is...
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A new multivariate distribution possessing arbitrarily parametrized univariate Pareto margins is introduced. Unlike the probability law of Asimit et al. (2010) [Asimit, V., Furman, E. and Vernic, R. (2010). “On a multivariate Pareto distribution,” Insurance: Mathematics and Economics 46(2),...
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