Mobility Indices in Continuous Time Markov Chains

DOI10.2307/1914306MaRDI QIDQ3744009zbMATH OpenOpenAlexFDO

Authors Robert C. Marshall, Gary A. Zarkin, John Geweke

Publication date 1986

Published in Econometrica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.2307/1914306

zbMATH Keywords

numerical exampleembeddabilityconvergence criteriamobility indicesaxiomatic inconsistencyfractile Markov chainsreflectant matrixtemporal aggregation criteriatransition matrices with real non-negative eigenvalues

Mathematics Subject Classification ID

Applications of Markov chains and discrete-time Markov processes on general state spaces (social mobility, learning theory, industrial processes, etc.) (60J20) Continuous-time Markov processes on discrete state spaces (60J27) Mathematical sociology (including anthropology) (91D99)

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• The Endogenous Analysis of Flows, with Applications to Migrations, Social Mobility and Opinion Shifts
• On sovereign credit migration: a study of alternative estimators and rating dynamics

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