for Levy processes, some regular copula can be extracted from the discrete samples of a joint process so as to correlate … processes are some Levy processes, the DSPMD converges to some Levy process. Compared with Levy copula, proposed by Tankov …, DSPMD offers easy access to statistical properties of the dependence structure through the copula on the random variable …

that the Student copula was more appropriate for drought analysis in the selected area. Drought probabilities and return … periods were calculated and analyzed based on the four-dimensional copula. …

-WOODS - 3. THEORIE DER ZIELZONEN - 4. WECHSELKURSSPEKULATION IM KRUGMAN-MODELL - 5. WECHSELKURSSPEKULATION IN ZIELZONEN ALS … analysed:1. INTRODUCTION - 2. THE DISCUSSION ABOUT TARGET ZONES IN THE POST BRETTON WOODS ERA - 3. TARGET ZONE THEORY - 4 …

explaining exchange rate movements. The asset market theory of exchange rate determination implies that exchange rates are mainly … driven by the development of macroeconomic fundamentals. Furthermore the asset market theory assumes that foreign exchange … speculation, economic theory states that speculation can have either a stabilizing effect or a destabilizing effect on exchange …

is modelled using extreme value theory and the joint density of hedge fund index returns is constructed using a copula …

preserves a given set of marginals, a copula approach can be used to characterize the joint yield and price risk of corn and … soybeans, which are usually highly correlated. The copula approach has been spurred by the recent developments in the whole …. As a part of the study, various copula models are investigated for their suitability in modeling yield and price risks …

. In financial science, copula functions are frequently used insteadof correlation coefficients to model joint price … less use of thismethod. This research uses the concept of “partly nested Archimedean copula” to model therelationship …

conditions in different locations.For that purpose copula methods are employed that allow an adequate descriptionof stochastic …