On the Structure of the World Economy: An Absorbing Markov Chain Approach.
Olivera KostoskaViktor StojkoskiLjupco KocarevPublished in: Entropy (2020)
Keyphrases
- markov chain
- steady state
- finite state
- markov process
- stationary distribution
- monte carlo
- random walk
- monte carlo simulation
- transition probabilities
- stochastic process
- state space
- monte carlo method
- markov model
- transition matrix
- state transition
- neural network
- statistical model
- em algorithm
- least squares
- dynamic programming