Ashton, David; Tippett, Mark - In: Journal of Business Finance & Accounting 33 (2006-11) 9-10, pp. 1586-1609
Our purpose here is to develop the Pearson Type IV distribution as a candidate for modelling the evolution of short period stock index returns. Here, early work by <link rid="b43 b44">Praetz (1972 and 1978)</link> and <link rid="b5">Blattberg and Gonedes (1974)</link> has shown that the scaled '"t"' distribution, which is a particular...