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estimation stable distribution parameters

1 message · Pikounis, Bill

#
Dedi,
There is a very useful package called "stable" by Philippe Lambert and Jim
Lindsey at

http://alpha.luc.ac.be/~jlindsey/rcode.html

Look down that page to the "Probability functions and generalized regression
models for stable distributions" identifier.  And if you have not read it
already, I highly recommend the paper

Lambert, P. and Lindsey, J.K. (1999) Analysing financial returns using
regression models based on non-symmetric stable distributions. Applied
Statistics 48, 409-424. 

It helps out nicely with understanding the parameterization, etc.

I have had good experiences using this package under Linux, but not so well
under Windows.

Hope that helps.

Bill


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Bill Pikounis, Ph.D.
Biometrics Research Department
Merck Research Laboratories
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