Examining tail index estimators in new pareto distribution: Monte Carlo simulations and income data applications

An evolved form of Pareto distribution, the new Pareto-type distribution, offers an alternative model for data with heavy-tailed characteristics. This investigation examines and discusses fourteen diverse estimators for the tail index of the new Pareto-type, including estimators such as maximum like...

Full description

Bibliographic Details

Main Authors:	Muhammad Aslam Mohd Safari, Nurulkamal Masseran, Mohd Azmi Haron
Format:	Article
Language:	en
Published:	Penerbit Universiti Kebangsaan Malaysia 2024
Online Access:	http://journalarticle.ukm.my/23656/1/SDD%2018.pdf http://journalarticle.ukm.my/23656/ https://www.ukm.my/jsm/english_journals/vol53num2_2024/contentsVol53num2_2024.html
Tags:	Add Tag No Tags, Be the first to tag this record!