Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Conditions under which implicit estimators of the parameters of the stable laws are asymptotically normal are provided. Explicit expressions for the asymptotic covariances are given; these covariances ...

If $\phi _{\nu}(t)$ denotes the characteristic function of Student's t-distribution with ν degrees of freedom and if m is any positive interger, $(\phi _{\nu}(t))^{1/m}$ is shown to possess a fourier ...

Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Suzanne is a content marketer, writer, and fact-checker.