copulaslinking
Copulas linking is a statistical technique used to link two or more random variables together through a copula function. A copula is a multivariate distribution function for which the marginal distribution of each variable is uniform on the interval [0,1]. Copulas linking allows for the creation of new multivariate distributions by combining individual distributions through a copula function.
This technique is particularly useful in risk management, insurance, and finance, where it is necessary to quantify
The process of copulas linking involves the following steps: first, the individual distributions of the variables
The advantages of copulas linking include its flexibility in modeling complex dependencies and its ability to
Notable applications of copulas linking include the modeling of financial returns, credit risk assessment, and risk