A note on slash methodology to deal with symmetrical and unimodal distributions with heavy tails

• Inmaculada Barranco-Chamorro ^[1] ; Jimmy Reyes ^[2] ; Diego Gallardo Mateluna ^[2]
  1. [1] Universidad de Sevilla

     Universidad de Sevilla

     Sevilla, España

     
  2. [2] Universidad de Antofagasta

     Universidad de Antofagasta

     Antofagasta, Chile

     
• Localización: Contributions to risk analysis: risk 2018 / coord. por José María Sarabia Alegría, Faustino Prieto Mendoza, Montserrat Guillén Estany, 2018, ISBN 978-84-9844-683-8, págs. 37-40
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • In this paper a new slash model is introduced. The resulting distribution exhibits greater kurtosis than other slash models previously considered in literature. Closed expressions are given for the probability density function, moments and kurtosis coefficient. Inference based on iterative maximum likelihood methods is carried out. Real applications of interest in Economics are included.