The unprecedented fiscal and monetary policy responses during the COVID-19 crisis have increased uncertainty about inflation. During crises periods, the strength of the transmission of inflation uncertainty shocks from one country to another tends to intensify. This paper examines empirical...

An alternative generating mechanism for non-strict bivariate Archimedean copulas via the Lorenz curve of a positive random variable is proposed. Lorenz curves have been extensively studied in economics and statistics to characterize wealth inequality and tail risk. In this paper, these curves...

Many important decision and risk analysis problems are complicated by dependencies between input variables. In such cases, standard one-variable-at-a-time sensitivity analysis methods are typically eschewed in favor of fully probabilistic, or n-way, analysis techniques which simultaneously model...