Structural and empirical dependence between risks
Detecting structural differences in tail dependence of financial time series
... asymmetries/inequalities between tail depen- dence functions. The test is based on the empirical tail copula and conducts piecewise comparisons between tail ...tail dependence comparisons in ...
47
Environmental Risks between Conceptualization and Action
... The structural paradigm is rather a cross-hazard and a disaster-based viewpoint that focuses on the characteristics of socioeconomic and political structures, the lack of resources or human exploitation of ...
13
The interaction between equity and credit risks
... report that leverage, equity returns, changes in the VIX index, S&P 500 index returns and the risk-free rate explain only about 20 per cent of the credit spread changes. Instead of using an estimate of firm-level equity ...
304
The interaction between equity and credit risks
... report that leverage, equity returns, changes in the VIX index, S&P 500 index returns and the risk-free rate explain only about 20 per cent of the credit spread changes. Instead of using an estimate of firm-level equity ...
305
On Uniform Deviations of General Empirical Risks with Unboundedness, Dependence, and High Dimensionality
... The statistical learning theory of risk minimization depends heavily on probability bounds for uni- form deviations of the empirical risks. Classical probability bounds using Hoeffding’s inequality cannot ...
20
Empirical Study of Dependence Structure between Oil Market and Chinese Stock Market
... 第一章 绪论 4 1.2 研究方法 本文主要利用 Copula 函数来描述石油市场与股市之间的相关结构。根据 Copula 函数的特点，本文采用三阶段估计法来构建 Copula 模型：首先根据收益 率序列的变化特征和分布特点建立边缘分布，然后估计标准化残差，并进行概率 积分转换得到服从[0, 1]均匀分布的变量，最后选取一个能够很好描述两者之间 相关结构的 [r] ...
17
Relation Between Time and Temperature Dependence of Diffusion and the Structural State in ZrTiCuNiBe Bulk Glasses
... 3. Results During isothermal treatment the glasses can change their structure towards the “metastable equilibrium” by relaxation, resulting in a time dependent diffusivity. 21, 26) Since the reli- able measurement of a ...
10
Convergence test in the presence of structural changes: an empirical procedure based on panel data with cross sectional dependence
... the empirical procedure we propose is based precisely on unit root tests of the second generation and allows to take into account explicitly the dependences in the cross- sectional ...
21
Convergence test in the presence of structural changes: an empirical procedure based on panel data with cross-sectional dependence
... Convergence tests are also expanded in the framework of panel data analysis. The first tests in panel based primarily on the methodology used in cross-sectional analysis. One can cite the works of Islam (1995) and ...
21
THE COSTS & RISKS OF FLORIDA S DEPENDENCE ON NATURAL GAS
... mix included only 37% natural gas — significantly less than it is today. In the past, electric utilities have turned to hedging their natural gas bet to mitigate this risk. But hedging brings its own hazards. Natural gas ...
9
Getting Used to Risks: Reference Dependence and Risk Inclusion
... difference between the two products was that in the first case, subjects would have to pay for a reduction of the risk from standard insecticides, while in the second case they where asked ...
28
Institutions-growth spatial dependence: An empirical test
... spatial dependence, spillover effect, spatial lag ...spatial dependence are undoubtedly of a recent vintage, see for example Kelejian et ...of empirical studies whose findings support the existence ...
7
Institutions-growth Spatial Dependence: An Empirical Test
... spatial dependence are undoubtedly of a recent vintage, see for example Kelejian et ...of empirical studies whose findings support the existence of institutional spatial dependence between ...
6
Institutions growth spatial dependence: An empirical test
... spatial dependence, spillover effect, spatial lag ...spatial dependence are undoubtedly of a recent vintage, see for example Kelejian et ...of empirical studies whose findings support the existence ...
7
Structural Dependence of Magnetic Shielding Properties in Al4Li4 Clusters
... 2 Corporate R&D, LG Chem, Ltd., Research Park, Daejeon 305-380, Korea 3 Chemistry Division, Bhabha Atomic Research Center, Trombay, Mumbai 400-085, India This work demonstrates that the binding of Li atom plays an ...
8
Long Range Dependence and Structural Breaks in the Gold Markets
... three structural breaks in the gold market in our sample, namely, the Middle East oil price crisis in 1979, the turmoil in South Africa in 1987 and the surging demand in gold from China and India since ...reports ...
32
Testing for structural breaks via ordinal pattern dependence
... pattern dependence has been introduced. In an empirical study he has found evidence that dependence of this kind appears in real-world financial ...pattern dependence, and we derive their ...
36
Empirical Studies of Mobile Apps and Their Dependence on Mobile Platforms
... REVISITING EMPIRICAL THEORIES USING MOBILE APPS 42 every ...relationship between these two factors (frequent releases and lack of formal testing) and the quality of ...
133
The compatibility between work and family life – an empirical study of second birth risks in West Germany and France
... birth risks for two main ...compatibility between work and family life, whereas German family policies tend to favor traditional family types, that is, the male partner is employed full-time, while the ...
42
On the Dependence between Quantiles and Dispersion Estimators
... Average empirical values are written first (with empirical 95% confidence interval in brackets), the corresponding theoretical values, mean and 95% confidence interval, being in the row ...
93