Time Scale Transformation in Bivariate Pearson Diffusions: A Shift from Light to Heavy Tails

Heavy-tailed Pearson diffusions provide a natural alternative to well-known Ornstein–Uhlenbeck and Cox–Ingersoll–Ross processes in applications that require addressing heavy-tailed behavior. In this paper, all three heavy-tailed Pearson diffusions, having inverse gamma, Fisher–Snedecor and Student s...

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Bibliographic Details
Main Author: Nenad Šuvak
Format: Article
Language:English
Published: MDPI AG 2024-11-01
Series:Axioms
Subjects:
Online Access:https://www.mdpi.com/2075-1680/13/11/765
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