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Project A7: STATISTICAL MODELING DEPENDENCE STRUCTURES IN FINANCE VIA COPULAS

Project leader

Axel Bücher

Peter N. Posch

 

    

 

Abstract

The project extends the application and mathematical analysis of statistical models and methods for copulas for spatial and temporal dependence in financial economics. Of particular interest are information efficiency, economic costs of model misspecification and the usefulness of copulas for multivariate extreme events.