Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/85545
Authors: 
de Haan, Laurens F.M.
Peng, Liang
Pereira, H. Iglesias
Year of Publication: 
1997
Series/Report no.: 
Tinbergen Institute Discussion Paper 97-100/4
Abstract: 
In certain cases partial sums of i.i.d. random variables with finite variance are better approximated by asequence of stable distributions with indices alpha n -> 2 than by a normal distribution. We discusswhen this happens and how much the convergence rate can be improved by using penultimate approximations. Similar results are valid for other stable distributions.
Document Type: 
Working Paper

Files in This Item:
File
Size
267.11 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.