how we generate from a student t distribution

Dear all,

I have a variable u that follows a normal distribution N(0,λ_t*exp(h_t))

λ_t is a scaling factor and exp(h_t) is the volatility (see stochastic volatility models)

I want u to be generated from a student t distribution.

So I thought something like u=λ_t* trnd(7,1)

Am I right?

thanks

Answer 1

[Image Analyst]

Look inside RANDRAW: http://www.mathworks.com/matlabcentral/fileexchange/7309-randraw