Asplund, Jonas; Shemyakin, Arkady - In: Risks : open access journal 13 (2025) 7, pp. 1-18
suggest vine copulas with Bayesian pair copula selection. This is a new methodology and after its discussion we offer an … normality, while the remaining residuals suggest skewed Student t-distributions as a plausible fit. A vine copula model was then … geographically exhibiting weak or no association. The validity of fitted distributions and resulting vine copula was checked using …