Bottazzi, Giulio; Secchi, Angelo - Laboratory of Economics and Management (LEM), Scuola … - 2006
We introduce a new 5-parameter family of distributions, the Asymmetric Exponential Power (AEP), able to cope with asymmetries and leptokurtosis and at the same time allowing for a continuous variation from non-normality to normality. We prove that the Maximum Likelihood (ML) estimates of the AEP...
