Abstract A truncated version of the bivariate t distribution is introduced. Unlike the t distribution, this possesses finite moments of all orders and could, therefore, be a better model for real-world situations, as it becomes possible to incorporate always available knowledge about the range...

Skewed symmetric distributions have attracted a great deal of attention in the last few years. One of them, the skewed Cauchy distribution suffers from limited applicability because of the lack of finite moments. This article proposes an alternative to the skewed Cauchy distribution, which we...