6 docs tagged with "variance"

Explore the uncertainty in aggregate variance estimation due to off-diagonal elements and cross covariance terms.

Explore how log aggregate deviations can be expressed as a linear combination of sectoral log deviations and the implications for aggregate variance.

Explore the moments of log quantile levels, focusing on variance calculations for log-normal and log-Laplace fluctuations.

Explore the impact of comovements and variance in large numbers, focusing on the balance between self-variance and covariance among agents.

Explore the variance of quantile levels in relation to micro moments and the impact of log-normal and log-Laplace distributions.

Explore the variance of time series means in quantile levels, examining the law of large numbers and its implications on aggregate statistics.