• Title of article

    Estimation of stable spectral measures

  • Author/Authors

    Nolan، نويسنده , , J.P. and Panorska، نويسنده , , A.K. and McCulloch، نويسنده , , J.H.، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2001
  • Pages
    10
  • From page
    1113
  • To page
    1122
  • Abstract
    We present two new estimators of a stable spectral measure. One is based on the empirical characteristic function, and the other is based on one-dimensional projections of the data. We compare these estimators with the Rachev-Xin-Cheng estimator in an empirical study. Their applications in modeling financial portfolios are also discussed.
  • Keywords
    Financial modeling , Estimation , Multivariate ?-stable distributions , Spectral measure
  • Journal title
    Mathematical and Computer Modelling
  • Serial Year
    2001
  • Journal title
    Mathematical and Computer Modelling
  • Record number

    1592258