STOCHASTIC ORDERING OF STATIONARY DISTRIBUTIONS OF LINEAR RECURRENCES: FURTHER RESULTS AND ECONOMIC APPLICATIONS

Stochastic Ordering of Stationary Distributions of Linear Recurrences: Further Results and Economic Applications

We investigate pairwise stochastic comparisons of stationary solutions to the linear recurrence Xt+1=AtXt+Bt, where At and Bt are non-negative random Wild Bird Supplies variables.We establish novel order-preserving properties, which enable us to obtain comparison theorems about well-known measures of conditional size, tail variability and skewness

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