Mobility Indices in Continuous Time Markov Chains

DOI10.2307/1914306zbMATH Open0605.92016OpenAlexW1976173141MaRDI QIDQ3744009FDOQ3744009

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

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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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• Structural change in U.S. manufacturing: stationarity and intra-distributional changes
• The embedding problem for Markov matrices

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