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In this paper we review Bernstein and grid-type copulas for arbitrary dimensions and general grid resolutions in connection with discrete random vectors possessing uniform margins. We further suggest a pragmatic way to fit the dependence…

Methodology · Statistics 2020-10-30 Dietmar Pfeifer , Doreen Strassburger , Joerg Philipps

Recently defined expectile regions capture the idea of centrality with respect to a multivariate distribution, but fail to describe the tail behavior while it is not at all clear what should be understood by a tail of a multivariate…

Statistics Theory · Mathematics 2023-12-18 Ha Thi Khanh Linh , Andreas H Hamel

This paper discusses fluctuations of linear spectral statistics of high-dimensional sample covariance matrices when the underlying population follows an elliptical distribution. Such population often possesses high order correlations among…

Statistics Theory · Mathematics 2018-03-22 Jiang Hu , Weiming Li , Zhi Liu , Wang Zhou

Multivariate time series exhibit two types of dependence: across variables and across time points. Vine copulas are graphical models for the dependence and can conveniently capture both types of dependence in the same model. We derive the…

Methodology · Statistics 2022-03-16 Thomas Nagler , Daniel Krüger , Aleksey Min

A factor copula model is proposed in which factors are either simulable or estimable from exogenous information. Point estimation and inference are based on a simulated methods of moments (SMM) approach with non-overlapping simulation…

Econometrics · Economics 2022-12-02 Alexander Mayer , Dominik Wied

This article proposes copula-based dependence quantification between multiple groups of random variables of possibly different sizes via the family of $Phi$-divergences. An axiomatic framework for this purpose is provided, after which we…

Statistics Theory · Mathematics 2023-02-28 Steven De Keyser , Irène Gijbels

This paper proposes multivariate copula models for hierarchical data. They account for two types of correlation: one is between variables measured on the same unit and the other is a correlation between units in the same cluster. This model…

Methodology · Statistics 2023-04-24 Talagbe Gabin Akpo , Louis-Paul Rivest

The linear transports along paths in vector bundles introduced in Ref. [1] are applied to the special case of tensor bundles over a given differentiable manifold. Links with the transports along paths generated by derivations of tensor…

Differential Geometry · Mathematics 2007-05-23 Bozhidar Z. Iliev

We develop an asymptotic theory for extremes in decomposable graphical models by presenting results applicable to a range of extremal dependence types. Specifically, we investigate the weak limit of the distribution of suitably normalised…

Statistics Theory · Mathematics 2023-02-13 Adrian Casey , Ioannis Papastathopoulos

Dynamical processes on complex networks such as information propagation, innovation diffusion, cascading failures or epidemic spreading are highly affected by their underlying topologies as characterized by, for instance, degree-degree…

Data Analysis, Statistics and Probability · Physics 2013-03-05 Mathias Raschke , Markus Schläpfer , Konstantinos Trantopoulos

Nonlocal and fractional-order models capture effects that classical partial differential equations cannot describe; for this reason, they are suitable for a broad class of engineering and scientific applications that feature multiscale or…

Analysis of PDEs · Mathematics 2021-10-08 Marta D'Elia , Mamikon Gulian , Hayley Olson , George Em Karniadakis

A multivariate risk analysis for VaR and CVaR using different copula families is performed on historical financial time series fitted with DCC-GARCH models. A theoretical background is provided alongside a comparison of goodness-of-fit…

Analysis of multivariate time series is a common problem in areas like finance and economics. The classical tool for this purpose are vector autoregressive models. These however are limited to the modeling of linear and symmetric…

Methodology · Statistics 2012-04-05 Eike Christian Brechmann , Claudia Czado

The minimization of some multivariate risk indicators may be used as an allocation method, as proposed in C\'enac et al. [6]. The aim of capital allocation is to choose a point in a simplex, according to a given criterion. In a previous…

Probability · Mathematics 2015-07-07 Véronique Maume-Deschamps , Didier Rullière , Khalil Said

We present an extension of J. F. Colombeau's theory of nonlinear generalized functions to spaces of generalized sections of vector bundles. Our construction builds on classical functional analytic notions, which is the key to having a…

Functional Analysis · Mathematics 2016-02-19 Eduard A. Nigsch

The main goal of this paper is to present the application of structural sums, mathematical objects originating from the computational materials science, in construction of a feature space vector of 2D random composites simulated by…

Computational Engineering, Finance, and Science · Computer Science 2019-06-19 Wojciech Nawalaniec

A vector composition of a vector $\mathbf{\ell}$ is a matrix $\mathbf{A}$ whose rows sum to $\mathbf{\ell}$. We define a weighted vector composition as a vector composition in which the column values of $\mathbf{A}$ may appear in different…

Combinatorics · Mathematics 2018-08-28 Steffen Eger

The purpose of this paper is to characterize the concept of monotonicity according to a direction related to a set of n random variables in terms of its associated n-copula C. We start establishing relationships in the bivariate and…

Multivariate Distributions are needed to capture the correlation structure of complex systems. In previous works, we developed a Random Matrix Model for such correlated multivariate joint probability density functions that accounts for the…

Statistical Finance · Quantitative Finance 2025-12-02 Anton J. Heckens , Efstratios Manolakis , Cedric Schuhmann , Thomas Guhr

Regular vine distributions which constitute a flexible class of multivariate dependence models are discussed. Since multivariate copulae constructed through pair-copula decompositions were introduced to the statistical community, interest…

Methodology · Statistics 2012-11-26 Jeffrey Dissmann , Eike Christian Brechmann , Claudia Czado , Dorota Kurowicka
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