Showing 1 - 10 of 55
Socio-economic and institutional changes may accelerate the rates and determinants of land-use and land-cover change (LULCC). Our goal was to explore the determinants of agricultural land abandonment in post-soviet Russia during the first decade of transition from-state command to market driven...
Persistent link: https://www.econbiz.de/10009645994
In this paper we explore the application of Generalised Additive Models of Location, Scale and Shape for the analysis of conditional income distributions in Germany following the reunification. We find that conditional income distributions can generally be modelled using the three parameter...
Persistent link: https://www.econbiz.de/10010954333
Frequent problems in applied research that prevent the application of the classical Poisson log-linear model for analyzing count data include overdispersion, an excess of zeros compared to the Poisson distribution, correlated responses, as well as complex predictor structures comprising...
Persistent link: https://www.econbiz.de/10010839597
Generalized additive models for location, scale and, shape define a flexible, semi-parametric class of regression models for analyzing insurance data in which the exponential family assumption for the response is relaxed. This approach allows the actuary to include risk factors not only in the...
Persistent link: https://www.econbiz.de/10010753201
The Basel II framework strictly defines the conditions under which financial institutions are authorized to accept real estate as collateral in order to decrease their credit risk. A widely used concept for its valuation is the hedonic approach. It assumes, that a property can be characterized...
Persistent link: https://www.econbiz.de/10010761742
In this paper, we propose a generic Bayesian framework for inference in distributional regression models in which each parameter of a potentially complex response distribution and not only the mean is related to a structured additive predictor. The latter is composed additively of a variety of...
Persistent link: https://www.econbiz.de/10010699071
Generalized additive models for location, scale and shape define a flexible, semi-parametric class of regression models for analyzing insurance data in which the exponential family assumption for the response is relaxed. This approach allows the actuary to include risk factors not only in the...
Persistent link: https://www.econbiz.de/10010699560
In this paper we explore the application of structured additive distributional regression for the analysis of conditional income distributions in Germany following the reunification. Using a bootstrapped Kolmogorov-Smirnov test we find that conditional personal income distributions can generally...
Persistent link: https://www.econbiz.de/10010797812
In this paper, we propose a unified Bayesian approach for multivariate structured additive distributional regression analysis where inference is applicable to a huge class of multivariate response distributions, comprising continuous, discrete and latent models, and where each parameter of these...
Persistent link: https://www.econbiz.de/10010709565
Empirical studies on farmland rental rates have predominantly concentrated on modelling conditional means using spatial autoregressive models, where a linear functional form be- tween the response and the covariates is assumed. This paper extends the hedonic pricing literature by modelling...
Persistent link: https://www.econbiz.de/10011125116