Compound distributions for financial returns

In this paper, we propose six Student’s t based compound distributions where the scale parameter is randomized using functional forms of the half normal, Fréchet, Lomax, Burr III, inverse gamma and generalized gamma distributions. For each of the proposed distribution, we give expressions for the pr...

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Bibliographic Details
Main Author: Afuecheta, Emmanuel (author)
Other Authors: Semeyutin, Artur (author), Chan, Stephen (author), Nadarajah, Saralees (author), Ruiz, Diego Andrés Pérez (author)
Format: article
Published: 2020
Online Access:http://hdl.handle.net/11073/21419
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