This paper presents extensive empirical testing of the hypothesis that greater post-schooling earnings risk requires higher expected returns. Expanding on this notion, on the basis of utility theory, we predict that workers not only care about risk but also about the skewness in the distribution of the compensation paid: workers exhibit risk aversion and skewness affection. To test these hypoth...

The setting of the control limits to utilize on a control chart supposes the assumption of the normality. However, in many situations, this condition does not hold. There are numerous studies on the control charts when the underlying distribution is non-normal. This paper examines the effects of non-normality as measured by skewness and provides an alternative method of designing individuals co...

Available online 12 September 2009 We develop a dynamic framework to identify aggregate market fears ahead of a major market crash through the skewness premium of European options. Our methodology is based on measuring the distribution of a skewness premium through a q-Gaussian density and a maximum entropy principle. Our findings indicate that the October 19th, 1987 crash was predictable from ...

In large scale document digitalization of hand written and printed documents, they are scanned and stored in digital form. Since many of these documents are hand written they have errors like angular skewness of words. Skew detection and removal is a part of pre-processing before using OCR software to digitalize the documents. One type of skewness that is most difficult to detect and correct is...

Skewness of temperature fluctuations of the cosmic microwave background (CMB) produced by initially Gaussian adiabatic perturbations with the flat (Harrison-Zeldovich) spectrum, which arises due to non-linear corrections to a gravitational potential at the matter-dominated stage, is calculated quantitatively. For the standard CDM model, the effect appears to be smaller than expected previously ...

This paper explores the ability of some popular income distributions to model observed skewness and kurtosis. We present the generalized beta type 1 (GB1) and type 2 (GB2) distributions’ skewnesskurtosis spaces and clarify and expand on previously known results on other distributions’ skewnesskurtosis spaces. Data from the Luxembourg Income Study are used to estimate sample moments and explore ...

Computer science is a relatively young discipline combining science, engineering, and mathematics. The main flavors of computer science research involve the theoretical development of conceptual models for the different aspects of computing and the more applicative building of software artifacts and assessment of their properties. In the computer science publication culture, conferences are an ...

this research aims to explain the growth and value stocks anomaly by the relationship between accounting ratios and skewness of stock return distribution. then, the data of 89 companies listed in the tehran stock exchange are collected and analyzed for 2009 to 2013. furthermore, the fixed effect panel data method is used to examine the hypothesis. the results show that there is a negative and s...