| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5062525 | Economics Letters | 2006 | 6 Pages |
Abstract
A modified family of power transformation, called the dual power transformation, is proposed. The new transformation is shown to possess properties similar to those of the well-known Box-Cox power transformation, but overcomes the long-standing truncation problem of the latter. It generates a rich family of distributions that is seen to be very useful in modeling and analysis of durations and event-times.
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Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Zhenlin Yang,