Results 71 to 80 of about 5,064,878 (211)
A Unified Approach to Estimating Production Functions: Proxy Variables and Dynamic Panel Data
ABSTRACT We propose a new approach to production function estimation that integrates the strengths of the proxy‐variable (PV) and dynamic panel data (DPD) methods. Our framework augments the set of instruments for the level equation in Blundell and Bond [8] with a Berkson‐type instrument motivated by economic theory, following Olley and Pakes [28 ...
Jose Miguel Abito +1 more
wiley +1 more source
Contingent capital: A tale of two valuations
Abstract This study investigates the valuation gap between buyers and sellers of insurers' contingent capital, driven by asymmetric exposures to tax benefits, capital injections, and bankruptcy costs. We develop a novel Twin‐Tree Model with Jumps (TTMJ) that models the insurer's asset value dynamics by incorporating catastrophe risk, insolvency risk ...
Tian‐Shyr Dai +3 more
wiley +1 more source
On the Exact Limiting Distribution of a Volatility Target Index
ABSTRACT Assuming a lognormal distribution for the underlying risky asset, we study the limiting distribution of a volatility target index as the rebalancing time step approaches zero. Two limit theorems (a strong law of large numbers and a central limit theorem) are established, and as an application, the exact limiting distribution is derived.
Xuan Liu, Michel Gauthier
wiley +1 more source
Abstract Introduction Tidal wetland restoration is widely used to recover ecosystem function in modified estuaries, yet uncertainty remains about how quickly wildlife communities respond. Early trajectories are central to evaluating restoration success, guiding adaptive management, and building ecosystem resilience in engineered landscapes. Marsh birds
Jason Riggio +6 more
wiley +1 more source
Abstract Spatial heterogeneity, manifested as strong variability in hydraulic conductivity (K) within geological formations, exerts a fundamental control on groundwater flow and solute transport. Because K can vary over multiple orders of magnitude in complex three‐dimensional patterns, predicting contaminant plume migration remains a long‐standing ...
Zhilin Guo +8 more
wiley +1 more source
Size Distributions for All Cities: Lognormal and q-exponential functions [PDF]
This paper analyses in detail the features offered by a function which is practically new to Urban Economics, the q-exponential, in describing city size distributions. We highlight two contributions.
Rafael González-Val +2 more
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ABSTRACT Retaining walls are key geotechnical components of road infrastructure, whose seismic performance directly affects the resilience of transportation networks. Despite their importance, seismic fragility models for retaining walls available in the literature refer only to specific case studies.
Amendola C., Conti R., de Silva F.
wiley +1 more source
Complex Versus Parsimonious Site‐Based Stochastic Ground Motion Models: Which One Is Better?
ABSTRACT Stochastic ground motion models (GMMs) provide a probabilistic representation of seismic input and are increasingly important for uncertainty quantification (UQ) in earthquake engineering. This study focuses on site‐based stochastic GMMs, which learn the statistical features of selected datasets of seismic records and generate statistically ...
Maijia Su +2 more
wiley +1 more source
Jr. High class. Teachers RaNae Christensen and Lenore McCall in front of class, Delta Jr.
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Influence of Site Amplification Approaches in PSRA: Insights From Five Different Cities
Regional and national seismic hazard models used in probabilistic seismic risk analysis often rely on generalized proxy‐based site terms to account for ground shaking amplification. This can result in coarse representations of site response, which can introduce bias or additional uncertainty in the associated risk results.
Julián Montejo +3 more
wiley +1 more source

