different copulas with time variation. Our model shows both types of changes in the dependence between several equity market …The dependence between asset returns varies. Its strength can become stronger or weaker. Also, its structure can change …

modelling the dependence between markets using parametric families of copulas which offer various alternatives to the commonly …This paper investigates the level and development of cross-country stock market dependence using daily returns on stock … indices. The use of copulas allows us to build exible models of the joint distribution of stock index returns. In particular …

consists of policies across a wide range of crops, plans, and locations. Weather and other latent variables induce dependence …

framework based on copulas for modeling dependent multivariate uncertainties through the use of a decision tree. The proposed …