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Related papers: Dynamic Vine Copulas: Detecting and Quantifying Ti…

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We propose a class of dynamic vine copula models. This is an extension of static vine copulas and a generalization of dynamic C-vine and D-vine copulas studied by Almeida et al (2016) and Goel and Mehra (2019). Within this class, we allow…

Methodology · Statistics 2019-11-05 Alexander Kreuzer , Claudia Czado

We address an important yet challenging problem - modeling high-dimensional dependencies across multivariates such as financial indicators in heterogeneous markets. In reality, a market couples and influences others over time, and the…

Statistical Finance · Quantitative Finance 2023-05-16 Jia Xu , Longbing Cao

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

Modeling dependence in high dimensional systems has become an increasingly important topic. Most approaches rely on the assumption of a multivariate Gaussian distribution such as statistical models on directed acyclic graphs (DAGs). They…

Methodology · Statistics 2016-12-01 Dominik Müller , Claudia Czado

In recent years, conditional copulas, that allow dependence between variables to vary according to the values of one or more covariates, have attracted increasing attention. In high dimension, vine copulas offer greater flexibility compared…

Methodology · Statistics 2021-09-24 Rosario Barone , Luciana Dalla Valle

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

Vine copulas are a flexible tool for multivariate non-Gaussian distributions. For data from an observational study where the explanatory variables and response variables are measured together, a proposed vine copula regression method uses…

Methodology · Statistics 2019-10-30 Bo Chang , Harry Joe

Quantile regression is a field with steadily growing importance in statistical modeling. It is a complementary method to linear regression, since computing a range of conditional quantile functions provides a more accurate modelling of the…

Methodology · Statistics 2022-05-09 Marija Tepegjozova , Jing Zhou , Gerda Claeskens , Claudia Czado

We consider the problem of modeling the dependence among many time series. We build high dimensional time-varying copula models by combining pair-copula constructions (PCC) with stochastic autoregressive copula (SCAR) models to capture…

Methodology · Statistics 2012-02-10 Carlos Almeida , Claudia Czado , Hans Manner

We extend existing models in the financial literature by introducing a cluster-derived canonical vine (CDCV) copula model for capturing high dimensional dependence between financial time series. This model utilises a simplified…

Statistical Finance · Quantitative Finance 2014-11-19 David Walsh-Jones , Daniel Jones , Christoph Reisinger

Modeling high-dimensional dependencies while keeping likelihoods tractable remains challenging. Classical vine-copula pipelines are interpretable but can be expensive, while many neural estimators are flexible but less structured. In this…

Machine Learning · Computer Science 2026-05-08 Houman Safaai

The time-varying Vine Copula model has become a new direction in the Vine Copula class of models due to its time-varying structural parameters. We have observed that the Vine structures of the time-varying Vine Copula model currently used…

Applications · Statistics 2025-09-16 XueZeng Yu

Vine copulas are flexible dependence models using bivariate copulas as building blocks. If the parameters of the bivariate copulas in the vine copula depend on covariates, one obtains a conditional vine copula. We propose an extension for…

Methodology · Statistics 2024-06-21 David Jobst , Annette Möller , Jürgen Groß

The increasing use of vine copulas in high-dimensional settings, where the number of parameters is often of the same order as the sample size, calls for asymptotic theory beyond the traditional fixed-$p$, large-$n$ framework. We establish…

Statistics Theory · Mathematics 2026-05-28 Jana Gauss , Thomas Nagler

This article presents factor copula approaches to model temporal dependency of non-Gaussian (continuous/discrete) longitudinal data. Factor copula models are canonical vine copulas which explain the underlying dependence structure of a…

Methodology · Statistics 2025-02-18 Subhajit Chattopadhyay

We demonstrate how the uncertainty of parameter point estimates can be assessed in a maximum likelihood framework in order to prevent overfitting and erroneous detection of time-inhomogeneity. The class of models we consider are regular…

Computation · Statistics 2012-05-23 Jakob Stöber , Ulf Schepsmeier

This study suggests a coupling uncertainty analysis method to investigate the stiffness characteristics of variable stiffness (VS) composite. The D-vine copula function is used to address the coupling of random variables. To identify the…

Computational Engineering, Finance, and Science · Computer Science 2018-04-23 Qidi Li , Hu Wang , Yang Zeng , Zhiwei Lv

Vine copulas are a flexible tool for high-dimensional dependence modeling. In this article, we discuss the generation of approximate model-X knockoffs with vine copulas. It is shown how Gaussian knockoffs can be generalized to Gaussian…

Methodology · Statistics 2022-10-21 Malte S. Kurz

Dynamic conditional correlation (DCC) is a method that estimates the correlation between two time series across time. Although used primarily in finance so far, DCC has been proposed recently as a model-based estimation method for…

Applications · Statistics 2020-06-05 Aparna John , Toshikazu Ikuta , Janina D Ferbinteanu , Majnu John

We develop factor copula models for analysing the dependence among mixed continuous and discrete responses. Factor copula models are canonical vine copulas that involve both observed and latent variables, hence they allow tail, asymmetric…

Methodology · Statistics 2020-11-18 Sayed H. Kadhem , Aristidis K. Nikoloulopoulos
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