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We derive tight non-asymptotic bounds for the Kolmogorov distance between the probabilities of two Gaussian elements to hit a ball in a Hilbert space. The key property of these bounds is that they are dimension-free and depend on the nuclear (Schatten-one) norm of the difference between the...
Persistent link: https://www.econbiz.de/10012433175
In the work a characterization of difference of multivariate Gaussian measures is found on the family of centered Eucledian balls. In particular, it helps to derive (xx see paper).
Persistent link: https://www.econbiz.de/10012433177
Housing typically takes up a major proportion of households' expenditure, and thus it certainly plays a critical role in shaping the pattern of income inequality and social mobility. Whether high housing price-to-rent ratio will am- plify inequality and inhibit social class upgrading is still a...
Persistent link: https://www.econbiz.de/10012433224
respectively. By comparing the benchmark with the counterfactual results, we nd that in general wealth inequality decreases with …
Persistent link: https://www.econbiz.de/10012433225