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On A New Class of Tempered Stable Distributions: Moments and Regular Variation

We extend the class of tempered stable distributions first introduced in Rosinski 2007. Our new class allows for more structure and more variety of tail behaviors. We discuss various subclasses and the relation between them. To characterize the possible tails we give detailed results about finiteness of various moments. We also give necessary and sufficient conditions for the tails to be regularly varying. This last part allows us to characterize the domain of attraction to which a particular tempered stable distribution belongs.

preprint2011arXivOpen access
Michael Grabchak
math.PR
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Michael Grabchak

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