Ratio is an interdisciplinary research institute, with a research focus on the conditions of business and enterprise.

+4684415900

info@ratio.se

802002-5212

Sveavägen 59 4trp

Box 3203

103 64 Stockholm

Bankgiro: 512-6578

Swedish flag iconSV
Swedish flag iconSV

Working paper No. 216. On the Estimation of Skewed Geometric Stable Distribution

PublicationWorking paper
Daniel Halvarsson, Företagandets villkor, Geometric stable distributions
on_the_estimation_of_skewed_geometric_stable_distributions_wp216
Download

Abstract

The increasing interest in the application of geometric stable distributions has lead to a need for appropriate estimators. Building on recent procedures for estimating the Linnik distribution, this paper develops two estimators for the geometric stable distribution. Closed form expressions are provided for the signed and unsigned fractional moments of the distribution. The estimators are then derived using the methods of fractional lower order moments and that of logarithmic moments. Their performance is tested on simulated data, where the lower order estimators, in particular, are found to give efficient results over most of the parameter space.

Halvarsson, D. (2013). ”On the Estimation of Skewed Geometric Stable Distribution”. Ratio Working paper No. 216.

Details

Author

Halvarsson, D

Publication year

2013

Related

Daniel Halvarsson
Ph.D.

+460760184541

daniel.halvarsson@ratio.se

About

  • About us
  • About
  • Contact us
  • Media
  • News archive
  • Cooperations
  • Eli F. Heckscher Lectures

Research

  • Areas
  • Labour Market Research
  • Competitiveness Research
  • Climate and Environmental Research
  • Ongoing research
  • Working Paper Series

Selected publication

Absolute income mobility and the effect of parent generation inequality: An extended decomposition approach
Liss, E., Korpi, M., & Wennberg, K.
People

Publications

  • Publications
  • Publications

Selected publication

No evidence of counteracting policy effects on European solar power invention and diffusion
Grafström, J., & Poudineh, R.

About

  • About us

    • About
    • Contact us

  • Media

    • News archive

  • Cooperations

    • Eli F. Heckscher Lectures

Research

  • Areas

    • Labour Market Research
    • Competitiveness Research
    • Climate and Environmental Research

  • Ongoing research

    • Working Paper Series
  • People

    • Publications

    • Publications

      • Publications
    Search
    Search

    Similar content

    City size, employer concentration, and wage income inequality
    Working paperPublication
    Halvarsson, D., & Korpi, M.
    Publication year

    2025

    Published in

    Institute for Evaluation of Labour Market and Education Policy (IFAU)

    Abstract

    This study investigates the relationship between the urban wage premium and employer concentration using Swedish full population employer-employee data. Departing from an AKM modeling framework to distinguish worker from firm specific heterogeneity – a measure of rent-sharing – we then measure the urban wage premium using differences in the estimated firm fixed effects at the level of local industries, nested within local labor markets. Our results suggest that labor market employer concentration, as calculated using the Hirschman-Herfindahl index and a leave-one-out instrumental variable design, can account for a significant share of the estimated urban wage premium (UWP). Addressing city-level wage income inequality by applying our model to different segments of the local labor market income distribution, we find that while the UWP pertains to all income segments, it is largest for top-income levels (above the 90th percentile), and within this segment employer concentration also has the largest explanatory power. Thus, while being an important explanatory factor for all percentiles of the local income distribution, a relatively lower employer concentration within larger cities, and vice versa, higher concentration within smaller cities, primarily help explain the variance of top wages within these cities/labor markets.

    Ratio Working Paper No. 374: The Impact of High-Skilled Migration on Productivity in Swedish Firms
    Working paperPublication
    Halvarsson, D.
    Download
    Publication year

    2024

    Published in

    Ratio Working paper series.

    Abstract

    The migration of highly skilled labor has received increasing attention due to its role in fostering innovation and productivity. This study explores the impact of foreign experts on the productivity of Swedish companies. Utilizing a difference-in-difference model with comprehensive register data from 1996 to 2015, the analysis reveals that Swedish companies hiring foreign experts experience a significant productivity increase of 6 to 11 percent within two to three years post-hiring. This effect is particularly pronounced in small and medium-sized enterprises and is slightly enhanced when excluding returning Swedish-born experts. Additionally, the study finds that both labor and capital productivity rise, along with a modest increase in wage incomes for other employees, estimated at 1.5 to 2 percent. However, the wage effects are less robust compared to productivity impacts. The findings underscore the importance of attracting foreign talent to bolster productivity. This research fills a crucial gap in the literature by focusing on the specific effects of foreign experts on total factor productivity in a small, knowledge-oriented economy like Sweden’s.

    Do gender norms travel within corporations? The impact of foreign subsidiaries on the home country’s gender wage gap
    Article (with peer review)Publication
    Halvarsson, D., Lark, O., Tingvall, P. G., Vahter, P., & Videnord, J.
    Publication year

    2024

    Published in

    Applied Economics Letters, 1-5.

    Abstract

    In this note we study how the share of workers in a corporation located in a high gender wage gap country impacts the wage gap in their home country operations. Our findings support the hypothesis that firms with strong intra-firm linkages to a high gender wage gap country also display a relatively large gender wage gap at home.

    Show more