WebHierarchical Archimedean Copulas Approach Wenjun Zhu Ken Seng Tan Chou-Wen Wang Abstract This article proposes a new copula model known as the Lévy subordinated hierarchical Archimedean copulas (LSHAC) for multicountry mortality dependence modeling. To the best of our knowledge, this is the first article to apply the LSHAC model … Web1 de dez. de 2015 · In practice, the class of Archimedean copulas has proven to be convenient to model a wide variety of dependence structures because they are expressed in a closed form. 6 A d-dimensional Archimedean copula can be specified as (7) C u 1 … u d = ϕ − 1 ϕ u 1 + … + ϕ u d, u 1 … u d ∈ 0, 1, where ϕ is a copula generator function.
[1707.00517] Hierarchical Archimax copulas - arXiv.org
Web1 de mar. de 2013 · In this paper we analyse the properties of hierarchical Archimedean copulas. This class is a generalisation of the Archimedean opulas and allows for … Web1 de fev. de 2024 · In this paper, we introduce a hierarchical copula that allows to have a block exchangeability structure, in which within-block copulas are Archimedean … ctenochelys
Using hierarchical Archimedean copulas for modelling …
WebArchimedean copula has been widely studied in empirical finance (e.g. Savu & Trede, 2008; Gaiduchevici, 2014). Wang et al. (2015) applied a four-dimensional version (with Gumbel-Hougaard, Clayton copulas) to the mortality indices of four countries. It is relatively easy to use and is parsimonious in terms of having only one parameter. Web27 de set. de 2013 · A popular class of copulas, namely the class of hierarchical Archimedean copulas, is considered. The proposed method is based on the close relationship of the copula structure and the values of Kendall's tau computed on all its bivariate margins. A generalized measure based on Kendall's tau adapted for purposes … WebTitle Estimation, Simulation and Visualization of Hierarchical Archimedean Copulae (HAC) Version 1.1-0 Date 2024-03-08 ... Hofert, M. 2011, Efficiently Sampling Nested Archimedean Copulas, Computational Statistics & Data Analysis 55, 57-70. Joe, H. 1997, Multivariate Models and Dependence Concepts, ... ctenochaeatus cf striatus