Aebi, Robert; Neusser, Klaus; Steiner, Peter - In: Swiss Journal of Economics and Statistics (SJES) 142 (2006) II, pp. 195-222
We propose an approach to measure the mobility immanent in regular Markov processes. For this purpose, we distinguish between mobility in equilibrium and mobility associated with convergence towards equilibrium. The former aspect is measured as the expectation of a functional, defined on the...