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Vine copulas (or pair-copula constructions) have become an important tool for high-dimensional dependence modeling. Typically, so called simplified vine copula models are estimated where bivariate conditional copulas are approximated by…

统计方法学 · 统计学 2017-05-19 Christian Schellhase , Fabian Spanhel

In copula modeling, the simplifying assumption has recently been the object of much interest. Although it is very useful to reduce the computational burden, it remains far from obvious whether it is actually satisfied in practice. We…

统计理论 · 数学 2025-07-08 Alexis Derumigny

Vine copula models have become highly popular practical tools for modeling multivariate dependencies. To maintain tractability, a commonly employed simplifying assumption is that conditional copulas remain unchanged by the conditioning…

统计方法学 · 统计学 2025-03-20 Thomas Nagler

Vine copulas are a type of multivariate dependence model, composed of a collection of bivariate copulas that are combined according to a specific underlying graphical structure. Their flexibility and practicality in moderate and high…

统计理论 · 数学 2022-07-19 Emma S. Simpson , Jennifer L. Wadsworth , Jonathan A. Tawn

Motivated by the increasing popularity and the seemingly broad applicability of pair-copula constructions underlined by numerous publications in the last decade, in this contribution we tackle the unavoidable question on how flexible and…

统计理论 · 数学 2021-02-10 Thomas Mroz , Sebastian Fuchs , Wolfgang Trutschnig

In the last decade, simplified vine copula models have been an active area of research. They build a high dimensional probability density from the product of marginals densities and bivariate copula densities. Besides parametric models,…

统计方法学 · 统计学 2017-06-29 Thomas Nagler , Christian Schellhase , Claudia Czado

Building higher-dimensional copulas is generally recognized as a difficult problem. Regular-vines using bivariate copulas provide a flexible class of high-dimensional dependency models. In large dimensions, the drawback of the model is the…

统计理论 · 数学 2012-06-07 Edith Kovacs , Tamas Szantai

Simplified vine copulas (SVCs), or pair-copula constructions, have become an important tool in high-dimensional dependence modeling. So far, specification and estimation of SVCs has been conducted under the simplifying assumption, i.e., all…

统计方法学 · 统计学 2021-01-11 Fabian Spanhel , Malte S. Kurz

Testing the simplifying assumption in high-dimensional vine copulas is a difficult task. Tests must be based on estimated observations and check constraints on high-dimensional distributions. So far, corresponding tests have been limited to…

统计方法学 · 统计学 2022-10-10 Malte S. Kurz , Fabian Spanhel

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…

统计方法学 · 统计学 2012-11-26 Jeffrey Dissmann , Eike Christian Brechmann , Claudia Czado , Dorota Kurowicka

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…

统计方法学 · 统计学 2021-09-24 Rosario Barone , Luciana Dalla Valle

The original development of Shapley values for prediction explanation relied on the assumption that the features being described were independent. If the features in reality are dependent this may lead to incorrect explanations. Hence,…

统计方法学 · 统计学 2021-02-15 Kjersti Aas , Thomas Nagler , Martin Jullum , Anders Løland

Vine copulas are pair-copula constructions enabling multivariate dependence modeling in terms of bivariate building blocks. One of the main tasks of fitting a vine copula is the selection of a suitable tree structure. For this the prevalent…

统计方法学 · 统计学 2017-03-16 Daniel Kraus , Claudia Czado

Practical applications of nonparametric density estimators in more than three dimensions suffer a great deal from the well-known curse of dimensionality: convergence slows down as dimension increases. We show that one can evade the curse of…

统计方法学 · 统计学 2016-11-24 Thomas Nagler , Claudia Czado

Vine copulas are a useful statistical tool to describe the dependence structure between several random variables, especially when the number of variables is very large. When modeling data with vine copulas, one often is confronted with a…

统计方法学 · 统计学 2017-05-10 Matthias Killiches , Daniel Kraus , Claudia Czado

Vine copulas, constructed using bivariate copulas as building blocks, provide a flexible framework for modeling multi-dimensional dependencies. However, this flexibility is accompanied by rapidly increasing complexity as dimensionality…

统计方法学 · 统计学 2025-04-25 Ichiro Nishi , Yoshinori Kawasaki

We examine the dependence structure of finite block-maxima of multivariate distributions. We provide a closed form expression for the copula density of the vector of the block-maxima. Further, we show how partial derivatives of…

统计方法学 · 统计学 2015-04-14 Matthias Killiches , Claudia Czado

Modeling of high order multivariate probability distribution is a difficult problem which occurs in many fields. Copula approach is a good choice for this purpose, but the curse of dimensionality still remains a problem. In this paper we…

统计理论 · 数学 2010-09-16 Edith Kovacs , Tamas Szantai

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…

统计方法学 · 统计学 2019-10-30 Bo Chang , Harry Joe

A pair-copula construction is a decomposition of a multivariate copula into a structured system, called regular vine, of bivariate copulae or pair-copulae. The standard practice is to model these pair-copulae parametrically, which comes at…

统计方法学 · 统计学 2012-01-26 Ingrid Hobaek Haff , Johan Segers
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