This study introduces a new family of distributions (FoD) called type I heavy-tailed odd Burr III-G (TI-HT-OBIII-G) distribution. Several statistical properties of the family are derived along with actuarial risk measures. The maximum likelihood estimation (MLE) approach is adopted in the...

There is growing concern that climate change poses a serious threat to the sustainability of the insurance business. Understanding whether climate warming is a cause for an increase in claims and losses, and how this cause-effect relationship will develop in the future, are two significant open...

We demonstrate that regression models can be estimated by working independently in a row-wise fashion. We document a simple procedure which allows for a wide class of econometric estimators to be implemented cumulatively, where, in the limit, estimators can be produced without ever storing more...

The study extends the literature on the nexus between cryptocurrency and uncertainty. This study proxied the cryptocurrencies and global uncertainty, respectively, with the seven most significant and variationally susceptible cryptos and the comprehensive world uncertainty in measuring the...

This study aimed to examine the macroeconomic and firm-specific determinants of financial performance using 121 listed non-life insurance companies from 48 African countries for the period 2008–2019. Panel data of 1452 observations were examined using both ordinary least squares and two-step...

With the COVID-19 pandemic, the internet has become a key player in the daily lives of most people. We investigate the relationship between mental health and internet use frequency and purpose, 6 months after the first lockdown in the UK, in September 2020. Using data from the UK Household...

Governments across the globe are implementing stricter environmental policies to combat climate change and promote sustainability. This study contributes to the growing literature exploring the influence of environmental policy on skill-biased employment across various occupations. Specifically,...

The propensity score defining the probability of completing a given degree of education - to balance covariates - and the Mincer equation is here estimated at various degrees of higher education. The novelty is in implementing propensity score and regression estimators together in a...

We exploit policy discontinuities in Poland’s unemployment insurance to examine the causal effect of changes to both benefit durations and levels. Using a regression discontinuity approach, we uncover three findings: (1) Higher benefit levels distort employment more than benefit extensions....

Purpose - This paper aims to identify the level of contribution of different levels of education to remaining in unemployment as well as the transition from unemployment to employment in Egypt. Design/methodology/approach - In this paper, transition probabilities matrix differentiated by gender,...

This paper aims to reassess multidimensional poverty measurement including the ease of doing business as an additional indicator with the existing measurements for 81 countries by human development, and identify how multidimensional poverty has changed during a very short period from 2014 to...

In many manuscripts, researchers use multivariable logistic regression to adjust for potential confounding variables when estimating a direct relationship of a treatment or exposure on a binary outcome. After choosing how variables are entered into that model, researchers can calculate an...

Energy cultures, broadly defined as shared beliefs, practices, and material preferences that shape energy-related behaviors, provide a useful framework for investigating consumption differences across population groups. We investigate how households' energy demand behavior differ across the...

Logistic regression is widely used in complex data analysis. When predictors are at individual level and the response at aggregate level, logistic regression can be estimated using the Maximum Likelihood Estimation (MLE) method with the joint likelihood function formed by Poisson binomial...

Contemporary consumer society is deeply intertwined with the concepts of money and shopping, which are closely related yet often studied separately. Despite their interconnectedness, there is a notable gap in research that simultaneously addresses financial literacy as a tool for effective money...