References
- Altman, E. I., and H. A. Rijken. 2004. How rating agencies achieve rating stability. Journal of Banking & Finance 28 (11):2679–714. doi:https://doi.org/10.1016/j.jbankfin.2004.06.006.
- Dardanoni, V. 1995. Income distribution dynamics: Monotone Markov chains make light work. Social Choice and Welfare 12 (2):181–92. doi:https://doi.org/10.1007/BF00179833.
- Gantmacher, F. R. 1960. The theory of matrices, volume one. New York: Chelsea Publishing Company.
- Guerry, M.-A. 2013. On the embedding problem for discrete-time Markov chains. Journal of Applied Probability 50 (4):918–30. doi:https://doi.org/10.1239/jap/1389370090.
- Guerry, M.-A. 2014. Some results on the embeddable problem for discrete-time Markov models in manpower planning. Communications in Statistics - Theory and Methods 43 (7):1575–84. doi:https://doi.org/10.1080/03610926.2012.742543.
- Guerry, M.-A. 2017. Necessary embedding conditions for state-wise monotone Markov chains. Linear and Multilinear Algebra 65 (8):1529–39. doi:https://doi.org/10.1080/03081087.2016.1245707.
- Jarrow, R. A., D. Lando, and S. M. Turnbull. 1997. A Markov model for the term structure of credit risk spreads. Review of Financial Studies 10 (2):481–523. doi:https://doi.org/10.1093/rfs/10.2.481.
- Mills, Q. D. 1985. Seniority versus ability in promotion decisions. ILR Review 38 (3):421–5. doi:https://doi.org/10.1177/001979398503800308.
- Ng, T. W., K. L. Sorensen, L. T. Eby, and D. C. Feldman. 2007. Determinants of job mobility: A theoretical integration and extension. Journal of Occupational and Organizational Psychology 80 (3):363–86. doi:https://doi.org/10.1348/096317906X130582.
- Ngoc, P. H. A. 2006. A Perron–Frobenius theorem for a class of positive quasi-polynomial matrices. Applied Mathematics Letters 19 (8):747–51.
- Seneta, E. 2006. Non-negative matrices and Markov chains. New York: Springer Science & Business Media.