The time-triggered message-triggered object (TMO) scheme was formulated a few years ago as a major extension of the conventional object structuring schemes with the idealistic goal of facilitating general-form design and timeliness-guaranteed design of complex real-time application systems. Recently, as a new scheme for realizing TMO-structured distributed and parallel computer systems capable ...

Abstract We introduce a smooth-transition generalized Pareto (GP) regression model to study the time-varying dependence structure between extreme losses and set of economic factors. In this model, distribution loss size is approximated by GP distribution, its parameters are related explanatory variables through functions, which themselves depend on predictor structural changes. use approach dyn...

This paper proposes an original framework based on nonlinear panel data models to study the empirical influence of the interest rate and the inflation rate on the non-life insurance premiums for fourteen developed countries over the period 1965-2008. More specifically, we apply the panel smooth transition error correction model which takes into account both the short and long-run effects of cha...