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In this paper, we introduce reduced-bias estimators for the estimation of the tail index of a Pareto-type distribution. This is achieved through the use of a regularised weighted least squares with an exponential regression model for…

Methodology · Statistics 2022-04-19 E. Ocran , R. Minkah , G. Kallah-Dagadu , K. Doku-Amponsah

This work deals with the estimation of the extreme value index and extreme quantiles for heavy tailed data,randomly right truncated by another heavy tailed variable. Under mild assumptions and the condition thatthe truncated variable is…

Statistics Theory · Mathematics 2015-07-16 Julien Worms , Rym Worms

This article proposes a new method of truncated estimation to estimate the tail index $\alpha$ of the extremely heavy-tailed distribution with infinite mean or variance. We not only present two truncated estimators $\hat{\alpha}$ and…

Statistics Theory · Mathematics 2022-09-13 F. Q. Tang , D. Han

We introduce a kernel estimator, to the tail index of a right-censored Pareto-type distribution, that generalizes Worms's one (Worms and Worms, 2014)in terms of weight coefficients. Under some regularity conditions, the asymptotic normality…

Statistics Theory · Mathematics 2021-10-15 Abdelhakim Necir , Louiza Soltane

In this paper, we define a kernel estimator for the tail index of a Pareto-type distribution under random right-truncation and establish its asymptotic normality. A simulation study shows that, compared to the estimators recently proposed…

Statistics Theory · Mathematics 2015-12-02 Souad Benchaira , Djamel Meraghni , Abdelhakim Necir

In extreme value analysis, the extreme value index plays a vital role as it determines the tail heaviness of the underlying distribution and is the primary parameter required for the estimation of other extreme events. In this paper, we…

Computation · Statistics 2017-09-27 Richard Minkah , Tertius de Wet , Ezekiel Nii Noi Nortey

In this paper, we propose a reduced-bias estimator of the EVI for Pareto-type tails (heavy-tailed) distributions. This is derived using the weighted least squares method. It is shown that the estimator is unbiased, consistent and…

Methodology · Statistics 2022-04-12 E. Ocran , R. Minkah , K. Doku-Amponsah

This paper establishes the functional convergence of the Extreme Nelson--Aalen and Extreme Kaplan--Meier estimators, which are designed to capture the heavy-tailed behaviour of censored losses. The resulting limit representations can be…

Methodology · Statistics 2024-08-22 Martin Bladt , Christoffer Øhlenschlæger

The extreme value theory is very popular in applied sciences including Finance, economics, hydrology and many other disciplines. In univariate extreme value theory, we model the data by a suitable distribution from the general max-domain of…

Methodology · Statistics 2019-05-09 Abhik Ghosh

The central limit theorem introduced by Stute [The central limit theorem under random censorship. Ann. Statist. 1995; 23: 422-439] does not hold for some class of heavy-tailed distributions. In this paper, we make use of the extreme value…

Statistics Theory · Mathematics 2015-07-19 Louiza Soltane , Djamel Meraghni , Abdelhakim Necir

In several applications, ultimately at the largest data, truncation effects can be observed when analysing tail characteristics of statistical distributions. In some cases truncation effects are forecasted through physical models such as…

Methodology · Statistics 2017-05-17 Jan Beirlant , Isabel Fraga Alves , Tom Reynkens

The statistical censoring setup is extended to the situation when random measures can be assigned to the realization of datapoints, leading to a new way of incorporating expert information into the usual parametric estimation procedures.…

Methodology · Statistics 2023-12-05 Hansjörg Albrecher , Martin Bladt

By introducing a weight function into the density power divergence, we develop a new class of robust and smooth estimators for the tail index of Pareto-type distributions, offering improved efficiency in the presence of outliers. These…

Statistics Theory · Mathematics 2025-07-25 Saida Mancer , Abdelhakim Necir , Djamel Meraghni

Standard statistical analysis is unable to provide reliable confidence intervals on expectation values of probability distributions that do not satisfy the conditions of the central limit theorem. We present a regression-based estimator of…

Data Analysis, Statistics and Probability · Physics 2019-06-24 Pablo Lopez Rios , Gareth J. Conduit

We introduce a trimmed version of the Hill estimator for the index of a heavy-tailed distribution, which is robust to perturbations in the extreme order statistics. In the ideal Pareto setting, the estimator is essentially finite-sample…

Methodology · Statistics 2017-11-15 Shrijita Bhattacharya , Michael Kallitsis , Stilian Stoev

Truncated linear regression is a classical challenge in Statistics, wherein a label, $y = w^T x + \varepsilon$, and its corresponding feature vector, $x \in \mathbb{R}^k$, are only observed if the label falls in some subset $S \subseteq…

Methodology · Statistics 2022-08-26 Constantinos Daskalakis , Patroklos Stefanou , Rui Yao , Manolis Zampetakis

In this paper, nonparametric estimation of the conditional Weibull-tail coefficient when the variable of interest is right random censored is addressed. A Weissman-type estimator of conditional extreme quantile is also proposed. In…

Methodology · Statistics 2021-10-12 Justin Ushize Rutikange , Aliou Diop

This paper investigates pooling strategies for tail index and extreme quantile estimation from heavy-tailed data. To fully exploit the information contained in several samples, we present general weighted pooled Hill estimators of the tail…

Statistics Theory · Mathematics 2021-11-08 Abdelaati Daouia , Simone A. Padoan , Gilles Stupfler

In this paper we investigate potential changes which may have occurred over the last two decades in the probability mass of the right tail of the wage distribution, through the analysis of the corresponding tail index. In specific, a…

Econometrics · Economics 2020-04-28 João Nicolau , Pedro Raposo , Paulo M. M. Rodrigues

In this article, we propose some new generalizations of M-estimation procedures for single-index regression models in presence of randomly right-censored responses. We derive consistency and asymptotic normality of our estimates. The…

Statistics Theory · Mathematics 2008-12-18 Olivier Lopez