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Stable Paretian Models in Finance

By: Svetlozar T. (University of California) Rachev (Author) , Germany) Mittnik Stefan (University of Kiel (Author)

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Ksh 25,400.00

Format: Hardback or Cased Book

ISBN-13: 9780471953142

Publisher: John Wiley & Sons Inc

Publication Date: Apr 25th, 2000

Weight: 1332 grams

Dimension: 23.40 x 16.30 x 5.10 cms

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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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