Scale-free tails in colombian financial indexes: a primer

A maximum likelihood method for estimating the power-law exponent verifies that the positive and negative tails of the Colombian stock market index (IGBC) and the Colombian peso exchange rate (TRM) approximate a scale-free distribution, whereas none of the heavy tails of a local sovereign securities...

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Detalles Bibliográficos
Autor Principal: León, Carlos
Formato: Online
Lenguaje:Español (Spanish)
Publicado: Facultad de Finanzas, Gobierno y Relaciones Internacionales 2015
Acceso en línea:https://revistas.uexternado.edu.co/index.php/odeon/article/view/4415