Hi SAS Community, I've been working with some wealth related databases which are well known to follow a pareto distribution. While both pareto and GPD fit the data very well when using proc severity, I overlooked the presence of negative or zero wealth, and therefore a decent amount of people were excluded from the severity procedure. Since I've been using the shape of the distribution to simulate a full population-level sample, I'm hoping to get some insights into procedures or approaches which may be appropriate in capturing both negative wealth and also the extreme outliers that the pareto distributions are good at picking up. A cauchy distribution may be a possibility, although it seems a bit more difficult to estimate in SAS and doesn't fall under proc severity. Any assistance would be greatly appreciated, thankyou
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