Economics, Econometrics and Finance
6 years ago

New method creates copulas with specific sections, revolutionizing data analysis.

Dependence Modeling
Constructions of copulas with given diagonal (and opposite diagonal) sections and some generalizations
Juan Fernández Sánchez, Manuel Úbeda-Flores

Paper Summary

The article discusses different ways to create copulas that have specific diagonal shapes. It looks at how these copulas can be made in two dimensions and explores extending these ideas to higher dimensions. The researchers also consider sections beyond just the diagonal and opposite diagonal.

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