Can we estimate the tail index of stable distribution with an estimator which is based on GEV distribution??

I found a new estimator for tail index in GEV distribution (GEV.ALPHA). I generate 1000 alpha stable random variables (with a=1 , a=0.5 , a=2 seperately) and repeat it 1000 times (in matlab). then...

19 February 2015 7,543 3 View