Heavy-tailed distributions occur often in empirical settings, making it difficult for management scholars to use linear regression models (LRMs) to investigate the nuanced relationships between dependent and predictor variables. Both frequentist and Bayesian quantile regression models (QRMs) are alternative techniques that can help management scholars overcome the hurdles associated with using …
The purpose of this study is to probe the impact of the novel coronavirus (COVID-19) outbreak on stock market returns and volatility in developed markets. We employ a panel quantile regression model to capture unobserved individual heterogeneity and distributional heterogeneity. The study?s findings reveal that there is a heterogeneous impact of COVID-19 on stock market returns and volatility. …
Permasalahan mengenai pencadangan klaim pada perusahaan asuransi merupakan salah satu isu yang harus dihadapi oleh para pelaku bisnis asuransi. Ketersediaan dana klaim oleh perusahaan merupakan hal yang mendasar pada perusahaan asuransi untuk dapat mempertahankan bisnis mereka dan menjaga kelangsungan dari usahanya. Pencadangan klaim ini juga diperlukan perhitungan secara detil mengenai pengalo…