To simulate the runoff process at short-term aggregation scale (typically one day) the shot noise model has gained considerable reputation. In this paper, the model developed by Murrone et al. (1997) is taken as a notable example of physically-consistent framework to discuss the different aspects related to the building and estimation of a stochastic tool for time-series generation. In particul...

This paper provides a complete program for the valuation of aggregate non-life insurance liability cash flows based on claims triangle data. The valuation is fully consistent with the principle of valuation by considering the costs associated with a transfer of the liability to a so-called reference undertaking subject to capital requirements throughout the runoff of the liability cash flow. Th...

[1] The primary advantage of radar observations of precipitation compared with traditional rain gauge measurements is their high spatial and temporal resolution and large areal coverage. Unfortunately, radar data require vigorous quality control before being converted into precipitation products that can be used as input to hydrologic models. In this study we coupled a physically based atmosphe...

Estimation of monthly runoff statistical properties, such as monthly means and variances, is usually needed to design and evaluate water resource systems. If no local recorded data are available, a transfer of information through different alternative procedures can be used. In this paper, the use of linear Transfer Function (TF) models with precipitation series as inputs is proposed to estimat...