Heavy-Tailed Distributions and Robustness in Economics and Finance

Heavy-Tailed Distributions and Robustness in Economics and Finance

Kobo ebook | May 23, 2015

Pricing and Purchase Info

$68.39 online 
$85.49 list price save 20%

Prices and offers may vary in store

Available for download

Not available in stores

about

This book focuses on general frameworks for modeling heavy-tailed distributions in economics, finance, econometrics, statistics, risk management and insurance. A central theme is that of (non-)robustness, i.e., the fact that the presence of heavy tails can either reinforce or reverse the implications of a number of models in these fields, depending on the degree of heavy-tailed ness. These results motivate the development and applications of robust inference approaches under heavy tails, heterogeneity and dependence in observations. Several recently developed robust inference approaches are discussed and illustrated, together with applications.

Title:Heavy-Tailed Distributions and Robustness in Economics and FinanceFormat:Kobo ebookPublished:May 23, 2015Publisher:Springer International PublishingLanguage:English

The following ISBNs are associated with this title:

ISBN:9990050675239

Reviews