Mwamba, John W. Muteba; Hammoudeh, Shawkat; Gupta, Rangan - Department of Economics, Faculty of Economic and … - 2014
This paper makes use of two types of extreme value distributions, namely: the generalised extreme value distribution …) method and the bootstrap simulations to estimate the parameters of these extreme value distributions, we find a significant … often referred to as the block of maxima method (BMM), and the peak-over-threshold method (POT) of the extreme value …