Aslam, Faheem; Hunjra, Ahmed Imran; Bouri, Elie; … - In: Borsa Istanbul Review 23 (2023) 1, pp. 184-202
Understanding sectoral dynamic dependence across equity indexes is crucial for investment decisions and designing … economic policy. This study examines the sectoral dependence among 82 Pakistani companies using a vine copula approach and … daily data from July 1, 2014, to December 17, 2019. Vine copulas represent a flexible dependence approach capable of …