simulation that include the potential dependence between the durations, i.e. the inter-arrival times, in two successive states …. The proposed model is compared with two alternative models that do not include this dependence. …

In this paper we estimate the dependence structure between economic sectors in the Brazilian financial market through … structure. BB1, BB7, BB8, Frank and Joe copulas also fit into some relationships. Regarding dependence, tail measures obtain … relevant values in most relationships. Lower tail dependence exceeds absolute, measured by Kendall's Tau, and upper tail in …

This paper studies the dependence in Mexican and Brazilian financial markets through a method that has proved to obtain … better results —along with the characterization of non-linearity and asymptotic dependence— than the use of simple … to find evidence of changing dependence structures during financial turmoils, like the one that occurred in 2008. This …

This paper examines the impact that household and village level characteristics have on environmental dependence and … extraction follows an inverted U-shaped relationship with income and that environmental dependence decreases with income … and have lower dependence than those with less wealth. There is also evidence that natural resources provide some sort of …

capable of adequate describing the dependence between the components when their statistical properties are very diverse. The …