In this paper we investigate the joint conditional distribution of health (life expectancy) and income growth, and its evolution over time. The conditional distributions of these two variables are obtained by applying non-parametric methods to a bivariate non-parametric regression system of...

We derive distribution free tests based on the Maximum Entropy densities to test the null hypotheses of symmetry and normality. The proposed tests are derived from maximizing the differential entropy subject to moment constraints. By exploiting the equivalence between Maximum Entropy and Maximum...

This paper studies the contemporaneous relationship between S&P 500 index returns and log-increments of the market volatility index (VIX) via a nonparametric copula method. Specifically, we propose a conditional dependence index to investigate how the dependence between the two series varies...