## Abstract The Laplace mixture distribution for stock share returns is derived from conditional __N__(0,โ ฯ^2^) distribution. The conditioning variable, ฯ^2^, is assumed to be an exponentially distributed random variable. This offers a natural stochastic interpretation of the risk involved with the
Modeling Chinese stock returns with stable distribution
โ Scribed by Weidong Xu; Chongfeng Wu; Yucheng Dong; Weilin Xiao
- Publisher
- Elsevier Science
- Year
- 2011
- Tongue
- English
- Weight
- 1007 KB
- Volume
- 54
- Category
- Article
- ISSN
- 0895-7177
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