Nonparametric methods provide a flexible framework for estimating the probability density function of random variables without imposing a strict parametric model. By relying directly on observed data, ...

This is a preview. Log in through your library . Abstract We examine large-sample properties of cross-validation for estimating cell probabilities, starting from a completely general measure of loss.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Our eLibrary offers over 25,000 IMF publications in multiple formats. Building on the widely-used double-lognormal approach by Bahra (1997), this paper presents a multi-lognormal approach with ...