newbie question so apologies if allready covered - what is the deal with simulation of random variables IF the distributions are known to be NOT normal or lognormal - some stable levy type say (a,b,g,d) - does Cholesky require a normal distribution? thanks in advance

thanks Brahim - do you have a link for the second reference please - can not seem to get it on the web - R. Mantegna - many thanks in advance

<t>thanks Alan - will take a look round the site - i just read (as much as i could take in at one sitting!) the paper - have not looked round the other resources - i sort of think i have bumped into the answer (method at least) with levy copulas - there are a few papers kicking around that might add...

<t>hi all - i have a "newbie" type question regarding Simulation of Levy (Stable) Random Variables:after reading the fine introduction by nolan (LINK) i had interest to simulate some random variables - i have done so in mathematicai would like to produce some monte carlo runs for 2 correlated variab...