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Nonlinearities in the drift and diffusion coefficients influence temporal dependence in scalar diffusion models. We … study this link using two notions of temporal dependence: β−mixing and ρ−mixing. Weshow that β−mixing and ρ−mixing with … exponential decay are essentially equivalent concepts for scalar diffusions. For stationary diffusions that fail to be ρ−mixing …
Persistent link: https://www.econbiz.de/10005100536
Nonlinearities in the drift and diffusion coefficients influence temporal dependence in scalar diffusion models. We … study this link using two notions of temporal dependence: beta-mixing and rho-mixing. We show that beta-mixing and rho-mixing … rho-mixing, we show that they are still beta-mixing except that the decay rates are slower than exponential. For such …
Persistent link: https://www.econbiz.de/10005087377
Persistent link: https://www.econbiz.de/10011991139
The Galton board is a classical device demonstrating geometrically the formation of normal distributions. In view of long-range interactions, governed by nonextensive statistics, the concept of the Galton board is extended providing numerically the corresponding power-law distributions. Within...
Persistent link: https://www.econbiz.de/10011057052
In this paper we study a subordinate Brownian motion with a Gaussian component and a rather general discontinuous part. The assumption on the subordinator is that its Laplace exponent is a complete Bernstein function with a Lévy density satisfying a certain growth condition near zero. The main...
Persistent link: https://www.econbiz.de/10011065072
Bechtel, with Southwest Research Institute, Amoco Oil R&D, and the M. W. Kellogg Co. as subcontractors, initiated a study on November 1, 1993, for the US Department of Energy`s (DOE`s) Pittsburgh Energy Technology Center (PETC) to determine the most cost effective and suitable combination of...
Persistent link: https://www.econbiz.de/10009435933
We introduce mixtures of binomial distributions derived by assuming that the probability parameter p varies according to some law. We use the transformation p = exp([minus]t) and consider various appropriate densities for the transformed variables. In the process, the Laplace transform becomes...
Persistent link: https://www.econbiz.de/10009436468
useful mixing results are obtained by establishing appropriate versions of geometric ergodicity. The results are applied to a …
Persistent link: https://www.econbiz.de/10010310388
education policy. I analyze two polar education systems -tracking and mixing- and propose several criteria for their comparison … preferred by the entire population. In addition, I find that the gains of tracking, compared to mixing, are sensitive to changes …
Persistent link: https://www.econbiz.de/10010317108
This paper provides estimation and inference methods for conditional average treatment effects (CATE) characterized by a high-dimensional parameter in both homogeneous cross-sectional and unit-heterogeneous dynamic panel data settings. In our leading example, we model CATE by interacting the...
Persistent link: https://www.econbiz.de/10014536958