Wanat, Stanisław; Papież, Monika; Śmiech, Sławomir - Volkswirtschaftliche Fakultät, … - 2014
The aim of the paper is to analyse the conditional dependence structure between precious metal returns using a copula … given state of the market corresponds to a typical pattern of the conditional dependence structure. Cluster analysis allows … dependence structure. The application of the methodology described above to the period between 1997 and 2013 indicates three …