Model

Estimates

BIC

−ll

AIC

$\widehat{\alpha }$

$\widehat{\tau }$

$\widehat{\lambda }$

$\widehat{\delta }$

$\widehat{\gamma }$

KROLL

0.8104

0.6072

0.2525

5.3920

-

563.4723

273.8725

555.7449

(0.0006)

(0.0004)

(0.0354)

(0.0001)

KUMLL

10.5183

13.4904

-

0.3931

3.0626

574.2929

279.2828

566.5657

(2.2634)

(13.5114)

-

(0.0952)

(1.5268)

MOELL

11.0024

1.6251

-

15.7128

-

569.8063

279.0054

564.0108