. According to the 2000 census, the total fertility rate (TFR) for China was 1.22—well below 2.1, the replacement level of …In order to maintain itself into the future, the People’s Republic of China undertook in the 1970s a legendary … stabilization and eventual decline of the population, via fertility at below-replacement levels for an extended period of time …

the first part where a new bivariate correlation estimator is introduced. This estimator is shown to be more flexible than … the first part where a new bivariate correlation estimator is introduced. This estimator is shown to be more flexible than …

default correlations is implemented. A Monte-Carlosimulation tool is used to examine how this 'correlation effect' varieswith …

for the returns to the Vanilla contract, translated into dollars, and the dollar/Yen returns. This correlation is …

, captured by the correlation matrix, and a higher order component. When these higher order terms are characterised by increased … correlation in bear or bull markets, the effectiveness of diversification strategies is reduced. To the extent that an investor is … that the joint return distribution may be described by an infinite number of higher order co-moments. Correlation (and …