Showing 141 - 150 of 2,843
The inverse Mellin transform technique is utilized to obtain closed form representations of the generalized Boltzmann factors associated with several Weibull-type models such as the generalized gamma, Maxwell, Rayleigh and half-normal distributions. The results complement those already available...
Persistent link: https://www.econbiz.de/10010874554
The correlated Weibull regression model for the analysis of correlated binary data is presented. This regression model is based on Bonney’s disposition model for the regression analysis of correlated binary outcomes. Parameter estimation was done through the maximum likelihood method. The...
Persistent link: https://www.econbiz.de/10010982340
Renewable sources of energy are more favorable these days because these are environment friendly with zero emissions as compared to conventional energy sources. Wind energy is most rapidly growing, among several renewable energy sources, worldwide. The prime objective of this paper is to analyze...
Persistent link: https://www.econbiz.de/10010776814
A test is derived for short-memory correlation in the conditional variance of strictly positive, skewed data. The test is quasi-locally most powerful (QLMP) under the assumption of conditionally gamma data. Analytical asymptotic relative efficiency calculations show that an alternative test,...
Persistent link: https://www.econbiz.de/10008599212
I explore the implications of the lumpy labor adjustment as a propagation mechanism for aggregate dynamics. The model I use nests the basic RBC model with a staggered-job-turnover in the spirit of Taylor (1980) and Calvo (1983). It extends this approach by introducing a Weibull-distributed labor...
Persistent link: https://www.econbiz.de/10010263723
I explore the aggregate effects of micro lumpy labor adjustment in a prototypical RBC model, which embeds a stochastic labor duration mechanism in the spirit of Calvo(1983), and it extends this approach by introducing a Weibull-distributed labor adjustment process to capture the increasing...
Persistent link: https://www.econbiz.de/10010263744
This paper discusses techniques to generate survival times for simulation studies regarding Cox proportional hazards models. In linear regression models, the response variable is directly connected with the considered covariates, the regression coefficients and the simulated random errors. Thus,...
Persistent link: https://www.econbiz.de/10010266139
This paper explores implications of nominal rigidity characterized by a non-constant hazard function for aggregate dynamics. I derive the NKPC under an arbitrary hazard function and parameterize it with the Weibull duration model. The resulting Phillips curve involves lagged inflation and lagged...
Persistent link: https://www.econbiz.de/10010270718
This article describes how in this digital age, storage devices have been permitting the design of systems with the capacity to handle massive amount of diverse types of data. Real-time storage devices have been using complex architectures to accommodate the exponential increase of generated...
Persistent link: https://www.econbiz.de/10012042969
In order to increase the use of the wind as energy source is essential to study the periodical patterns of the wind resources by means of high quality data obtained from measurement stations, specially configured to evaluate the energy available in the wind. The work presented in this paper...
Persistent link: https://www.econbiz.de/10011054153