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We argue that a stochastic model of economic exchange, whose steady-state distribution is a Generalized Beta Prime (also known as GB2), and some unique properties of the latter, are the reason for GB2's success in describing wealth/income distributions.
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M. A. Fuentes, A. Gerig, J. Vicente, Universal behvior of extreme price movements in stock markets, PLoS ONE 4 (12) (2009) 1
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C. Yan, B. Zhao, A general jump-diffusion process to price volatility derivatives, Journal of Futures Markets 39 (2019) 15–37
2019
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