The generalized asymmetric Laplace (GAL) distribution, also known as the variance/mean-gamma model, is a popular … financial or other empirical data. We consider extensions of the GAL distribution to the matrix variate case, which arise as … matrix variate GAL distribution has been studied before, there is no comprehensive account of Type II in the literature …

functions to create a log-cosine-power cumulative distribution function that defines the log-cosine-power distribution. The … analysis shows that the log-cosine-power distribution can produce a truly attractive model: the probability density function is …

-Keynesian conflict inflation and distribution theory: the Blecker/Setterfield (2019) and Lavoie (1992, 2022) (BSL) model based on Dutt … in wage- and price-inflation equations. BSL variants generally yield stable price Phillips curves, stable distribution … flat Phillips curves, stable distribution and employment curves, and hence stable equilibria in the HS approach. …

functional distribution of income. Interest rates directly and indirectly affect the equilibrium rates of capacity utilization …

-normal and a Poisson distribution, respectively. In doing so, we also derive closed-form expressions for some fundamental …