The Markov Process as a Model of Migration Based on the Example of the Movement of Banknotes

This paper presents a way of using the Markov chain model for the analysis of migration based on the example of banknote migration between regions in Poland. We have presented the application of the methodology for estimating one-step transition probabilities for the Markov chain based on macro-data...

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Bibliographic Details
Main Author: Arkadiusz Manikowski
Format: Article
Language:English
Published: University of Warsaw 2021-01-01
Series:Studia i Materiały
Subjects:
Online Access:https://press.wz.uw.edu.pl/sim/vol2021/iss2/6/w
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