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R&D expenditures recognized as investment in U.S. GDP statistics
R&D expenditures investment U.S. GDP statistics
2015/4/13
The Bureau of Economic Analysis (BEA) now treats expenditures in research and development (R&D) as investment when estimating U.S. gross domestic product (GDP) and other national income and product ac...
Record statistics for biased random walks, with an application to financial data
asymmetric jump distributions finite variance mechanism
2011/3/30
We consider the occurrence of record-breaking events in random walks with asymmetric jump distributions. The statistics of records in symmetric random walks was previously analyzed by Majumdar and Zif...