Skewed Laplace distributions II: divisibility properties and extensions to stochastic processes.
This paper is a continuation of cite{KP06}, where we discussed the origins and inter-relations of major types of skew Laplace distributions. Here, we review the properties of classical and geometric infinite divisibility as well as self-decomposability, which are crucial in extending univariate Laplace models to stochastic processes. General schemes based on these properties lead to several new no