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Stable Paretian Models in Finance cover
  • ISBN: 9780471953142
  • ISBN10: 0471953148
Stable Paretian Models in Finance

by Stefan Mittnik

 
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Description
The authors reconsider the problem of parametrically specifying distribution suitable for asset-return models. They describe alternative distributions, showing how they can be estimated and applied to stock-index and exchange-rate data. The implications for options pricing are also investigated.
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