Salary line forecasting assumes a relevant role in manpower and in pension funds Previously, the authors presented a generalized Bernoulli process, useful for forecasting the evolution of salary lines, taking into account the salary costs, the number of workers at each rank and the probability transitions between the ranks. The problem with applying this model is constructing the probability of transition between the grades. In this article, we will present a model that allows obtaining these probabilities by means of the solution of the evolution equation of a generalization of continuous time non-homogeneous semi-Markov processes.

The Input Evaluation of Generalized Bernoulli Processes for Salary Lines Construction by Means of Continuous Time Generalized Non-Homogeneous Semi-Markov Processes / Guglielmo, D'Amico; G., Di Biase; Fulvio, Gismondi; Manca, Raimondo. - In: COMMUNICATIONS IN STATISTICS. THEORY AND METHODS. - ISSN 0361-0926. - STAMPA. - 42:16(2013), pp. 2889-2901. [10.1080/03610926.2012.745558]

The Input Evaluation of Generalized Bernoulli Processes for Salary Lines Construction by Means of Continuous Time Generalized Non-Homogeneous Semi-Markov Processes

MANCA, Raimondo
2013

Abstract

Salary line forecasting assumes a relevant role in manpower and in pension funds Previously, the authors presented a generalized Bernoulli process, useful for forecasting the evolution of salary lines, taking into account the salary costs, the number of workers at each rank and the probability transitions between the ranks. The problem with applying this model is constructing the probability of transition between the grades. In this article, we will present a model that allows obtaining these probabilities by means of the solution of the evolution equation of a generalization of continuous time non-homogeneous semi-Markov processes.
2013
generalized bernoulli processes; semi-markov processes; salary line construction
01 Pubblicazione su rivista::01a Articolo in rivista
The Input Evaluation of Generalized Bernoulli Processes for Salary Lines Construction by Means of Continuous Time Generalized Non-Homogeneous Semi-Markov Processes / Guglielmo, D'Amico; G., Di Biase; Fulvio, Gismondi; Manca, Raimondo. - In: COMMUNICATIONS IN STATISTICS. THEORY AND METHODS. - ISSN 0361-0926. - STAMPA. - 42:16(2013), pp. 2889-2901. [10.1080/03610926.2012.745558]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11573/488688
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