Empirical distributions of stock returns: between the stretched exponential and the power law?

Y Malevergne*, V Pisarenko, D Sornette - Quantitative Finance, 2005 - Taylor & Francis
A large consensus now seems to take for granted that the distributions of empirical returns of
financial time series are regularly varying, with a tail exponent b close to 3. We develop a …

On the power of generalized extreme value (GEV) and generalized Pareto distribution (GPD) estimators for empirical distributions of stock returns

Y Malevergne, V Pisarenko… - Applied Financial …, 2006 - Taylor & Francis
Using synthetic tests performed on time series with time dependence in the volatility with
both Pareto and Stretched-Exponential distributions, it is shown that for samples of moderate …

[图书][B] Three essays in international finance

R Martell - 2005 - search.proquest.com
In the first dissertation essay, I study the determinants of credit spread changes of individual
US dollar denominated bonds—domestic and foreign sovereign—using fundamentals …

[引用][C] Measuring risk with stochastic jumps

A Khanthavit, P Srisopitsawat - Trimodal, July, 2002