Pokharel, Jayanta K.; Aryal, Gokarna; Khanal, Netra; … - In: International Journal of Financial Studies : open … 12 (2024) 2, pp. 1-27
tails, and a more pronounced center. This paper investigates the Laplace distribution and its generalized forms, including … asymmetric Laplace, skewed Laplace, and the Kumaraswamy Laplace distribution, for modeling stock market returns. Our analysis … involves a comparative study with the widely-used Variance-Gamma distribution, assessing their fit with the weekly returns of …